2037 S Burnside Avenue, Los Angeles, CA 90016
2037 S Burnside Avenue, Los Angeles, CA 90016
2037 S Burnside Avenue, Los Angeles, CA 90016
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$1,549,000
Est. payment /mo
7 Beds
3,296 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $469

MLS Listing ID CL26838879

Bedrooms 7

HOA Y/N No

Year Built 1971

Lot Size 5,738 Sqft

Acres 0.13

Property Sub-Type OTHER

Property Description

Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Cooling No Air Conditioning

Fireplace No

Laundry Dryer, Washer

Exterior

Total Parking Spaces 6

Building

New Construction No

Others

Tax ID 5063018015


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Listed by Aaron Mejia • Christie's International Real Estate SoCal

NEARBY SCHOOL & BUSINESS

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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