Los Angeles, CA 90016,2923 S Burnside Ave
Los Angeles, CA 90016,2923 S Burnside Ave
Los Angeles, CA 90016,2923 S Burnside Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$5,490,000
Est. payment /mo
27 Beds
27 Baths
12,538 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,538 sqft

Price per Sqft $437

MLS Listing ID 25602279

Style Modern

Bedrooms 27

Construction Status New Construction

Year Built 2025

Lot Size 9,286 Sqft

Acres 0.2132

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dryer, Dishwasher, Freezer, Microwave, Washer, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Assigned, Garage - 2 Car

Garage Spaces 14.0

Building

Story 3

Sewer In Street

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

Read Less Info
TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    El Marino Elementary School

    Public | KG - 5

  • 10

    Farragut Elementary School

    Public | KG - 5

  • 9

    Beverly Vista School

    Public | KG - 8

  • 9

    Canfield Avenue Elementary School

    Public | KG - 5

  • 9

    Horace Mann School

    Public | KG - 8

  • 8

    Castle Heights Elementary School

    Public | KG - 5

  • 8

    El Rincon

    Public | KG - 5

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 7

    Linwood E. Howe Elementary School

    Public | KG - 5

  • 7

    Baldwin Hills Elementary School

    Public | KG - 5

  • 7

    New Heights Charter

    Public | KG - 8

  • 6

    Marvin Avenue Elementary

    Public | KG - 5

  • 6

    Cienega Elementary School

    Public | KG - 5

  • 5

    Shenandoah Street Elementary School

    Public | KG - 5

  • 5

    City Charter Elementary School

    Public | KG - 5

  • 5

    Celerity Nascent Charter

    Public | KG - 8

  • 4

    Palms Elementary

    Public | KG - 5

  • 4

    Crescent Heights Blvd School

    Public | KG - 5

Middle Schools 15
  • 8

    Los Angeles Center for Enriched Studies

    Public | 6 - 12

  • 7

    Culver City Middle School

    Public | 6 - 8

  • 6

    New los Angeles Charter

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Magnolia Science Academy 6

    Public | 6 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 0

    Angela's Workshop

    Private | 6 - 12

  • 0

    Yeshivat Ohr Chanoch

    Private | 8 - 12

  • 0

    Star Preparatory Academy

    Private | 6 - 12

  • 0

    Urban Village Middle School

    Public | 6 - 8

  • 0

    Marlborough School

    Private | 7 - 12

  • 0

    Frederick Douglass Academy Middle School

    Public | 6 - 8

High Schools 20
  • 8

    Culver City High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    Alexander Hamilton High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 1

    Dorsey High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 0

    Yula Boys High School

    Private | 9 - 12

  • 0

    Culver Park High School

    Public | 10 - 12

  • 0

    Cheviot Hills Continuation

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

  • 0

    Mesivta Birkas Yitzchok

    Private | 9 - 12

  • 0

    Shalhevet High School

    Private | 9 - 12

  • 0

    Shalhevet School

    Private | 9 - 12

  • 0

    Harkham-Gaon Acadamy

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    View Park Continuation

    Public | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Terrance Scotton, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.