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7 Beds
3,296 sqft

$1,399,000

2037 S Burnside Avenue, Los Angeles CA, 90016

Price per sqft$424.45
Built in1971
Property size3,296 sqft
Property typeResidential

Overview

Active

Listed May 26, 2026

Updated 13h ago

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.

$9,308/mo

Est. mortgage payment based on a $1,399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26838879

Interior Features

Bedrooms
7
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres
MLS provider logo

Listed by Aaron Mejia, with Christie's International Real Estate SoCal
Listing Contact: 310-497-2029 

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