2921 S Burnside Ave, Los Angeles, CA 90016

$5,025,000
27
BD
27
BA
12,538
SqFt

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Sold Price
$5,025,000
List Price
$5,395,000
Closing Date
Apr 20, 2026
MLS#
26638793
Year Built
2025
Bedrooms
27
Bathrooms
27
Living Sq. Ft
12,538
Lot Size
9,286
Days on Market
78
Property Type
Multifamily
Style
Modern
Stories
3

Property Description

6.1% Cap Rate. 2921 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 plus storage that rents for $50/month, 2921 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.

Additional Information

Other Buildings
None
Heat
Central
Cooling
Central
Number of Cars in Garage
Assigned, Garage - 2 Car
Garage Spaces Total
4

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Calculator source: Real Geeks

Courtesy of Keller Williams Hollywood Hills, Yohann Bensimon - CA DRE#01966630 Selling Office: .

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