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2923 S Burnside AvenueLos Angeles, CA 90016

For Sale

$5,495,000

Smart Buyer Rebate $54,950

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.

Listed by Yohann Bensimon

·

License #01966630

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Keller Williams Hollywood Hills

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310-923-1550

Last updated October 17, 2025

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Source: CRMLS #25602279

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Adams
  • Bedrooms27
  • Days on Prevu41
  • Size12,538 sqft
  • Price per sqft$438

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$5,495,000
10/23/2025
Status changed to Removed from Feed
$5,495,000
10/09/2025
Listed by Keller Williams Hollywood Hills
$5,495,000

Property Details for 2923 S Burnside Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 7
  • Stories Total: 3
  • Year Built: 2025
  • Architectural Style: Modern

Measurements

  • Building Area Total: 12,538
  • Lot Size Acres: 0.21
  • Lot Size Area: 9,286
  • Lot Size Dimensions: 50,155
  • Lot Size Square Feet: 9,286
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.75
  • Gross Income: $409,224.00

Taxes

  • Parcel Number: 5043022006

Interior

Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 12,538
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 27
  • Bedrooms Total: 27

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Assigned, Door-Multi, Garage
  • Parking Total: 14

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Other

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.