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2923 S Burnside Ave
Los Angeles CA 90016 US

$5,495,000

Active Listing ID 25602279
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27 bed
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Lot: 0.21 Acres
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Other

$5,495,000

Active Listing ID 25602279
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2923 S Burnside Ave 5.75% Cap Rate. 2923 S Burnside Avenue is a brand-new collection of seven fully-leased townhome style apartments in the heart of Mid-City, Los Angeles. The property includes four 4-bedroom, 4-bath homes two with private 2-car garages, two 4-bedroom, 3.5-bath homes, and one 3-bedroom, 3-bath home. Units offer assigned parking, in-unit laundry, and private balconies or outdoor spaces, while spacious layouts provide clear separation between living, dining, and bedroom areas for both privacy and comfort. Designed with contemporary architecture and open floor plans, these townhome style units maximize natural light and space. High-quality finishes and thoughtful attention to detail create sleek, modern interiors that are as functional as they are stylish. Every unit provides a combination of livable space and modern amenities that appeal to today's renters. Fully leased and producing consistent income, 2923 S Burnside Avenue offers turnkey investment potential in a high-demand rental market. Brand-new construction ensures minimal maintenance, long-term reliability, and strong cash flow. Located in a prime Mid-City neighborhood with convenient access to central Los Angeles, this property represents a rare opportunity to combine immediate income with long-term stability in the Los Angeles multi-family market.

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 5495000
  • unparsedaddress: 2923 S Burnside Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90016
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2132
  • lotsizeunits: Acres
  • lotsizearea: 0.2132
  • livingarea: 12538
  • livingareaunits: Square Feet
  • listagentfullname: Yohann Bensimon
  • listagentemail: yohann@ikonadvisors.com
  • listagentkey: 3yd-CLAWCA-C123841
  • listagentmlsid: C123841
  • listagentpreferredphone: 3109231550
  • listagentofficephone: 3106231300
  • listofficekey: 3yd-CLAWCA-X7252101
  • listofficemlsid: X7252101
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 2025
  • listingcontractdate: 2025-10-09
  • listagenturl: http://www.kwsunset.com
  • countyorparish: Los Angeles
  • parcelnumber: 5043-022-006
  • cooling: Central Air
  • heating: Central
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 14
  • parkingfeatures: Assigned, Garage
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Modern
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Hollywood Hills", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"yohann@ikonadvisors.com", "ListBrokerageCity":"West Hollywood", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nauz@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/c0973ff106d611dfb51400219b994c72/20131015180339224.png", "ListBrokerageName":"Keller Williams Realty Hollywood Hills", "ListBrokeragePhone":"(310) 623-1300", "ListBrokeragePostalCode":"90069", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 1100", "ListBrokerageUnparsedAddress":"9000 W. Sunset Blvd.", "ListBrokerageWebsiteUrl":"http://www.kwsunset.com", "ListOfficeAddress1":"9000 Sunset Blvd.", "ListOfficeAddress2":"Suite 1100", "ListOfficeBrokerMlsId":"C125031", "ListOfficeCity":"West Hollywood", "ListOfficeCountry":"US", "ListOfficeEmail":"nauz@kw.com", "ListOfficePostalCode":"90069", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Modern - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/CLAWCA/25602279/?channel=rexren", "MLSModificationTimestamp":"2025-10-17T00:01:01Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 7:02:43 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Yohann Bensimon, Keller Williams Hollywood Hills, yohann@ikonadvisors.com

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.