Active

2923 S Burnside Ave

Los Angeles CA, 90016

$5,149,000


$497.58 per sqft

Active

27 Beds

26 Baths

10,348 sqft

Multi-family

Built in 2025

PROPERTY CAN BE DELIVERED WITH 4 OF THE 7 UNITS RENTED!! GET IN BEFORE IT'S TOO LATE. LIFETIME INVESTMENT OPPORTUNITY IN THE HEART OF WEST ADAMS | OPPORTUNITY ZONE | NON RENT CONTROL. The Barbara Isabel team is pleased to present you this once-in-a-lifetime opportunity to own 7 brand-new ultra luxurious townhouses in Opportunity Zone in the highly sought after West Adams. No investment opportunity like this has ever been offered before at this price. Located on a private cul-de-sac, these ultra modern, high-end residences with 11 to 12 ft ceilings are ideal for investors seeking long-term wealth assets of the utmost quality in an unprecedented location just 2 mins away from Whole Foods. With a projected cap rate of 6.50%, 2923 Burnside Ave is composed of 10,358 sq ft of livable space divided into six massive 4 bed, 4 bath tri-level townhome style units and one 3 bed, 3 bath two story ADU. Each unit has been attentively designed with modern architecture, spacious open floor plans, in unit washer and dryer, upscale finishes, top tier all electric appliances, and ADT security systems. Given that this property is NOT subject to rent control, investors have full flexibility in setting high-end rental rates and doing short term rental alike, ensuring maximum ROI and long-term appreciation. The property also boasts 12 designated spaces plus 2 bonus spots with a mix of covered and uncovered parking and all units are all separately metered for all utilities, meaning minimal operating expenses for you. Call/Text now to schedule your private tour! Serious inquiries only.

25495307

MLS ID

February 6, 2025

Listed

March 7, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

27


Total Bathrooms

26


Appliances

Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven


Laundry Description

In Unit


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.21 Acres


Lot Features

5 Lots, Fenced


Sewer

In Street


Security

Gated

Other Property Details

Area Name

Mid Los Angeles


Days on Market

28


Garage

Yes


Parking

Assigned, Driveway, Garage - 4 Car, Garage Is Attached, Gated, Uncovered, Covered Parking


Parking Total

12


View

Yes


View Description

Green Belt, City, City Lights


County

Los Angeles


Water Source

Public


Waterfront Features

None


Zoning

LARD1.5

Listed by Barbara Isabel with Keller Williams Beverly Hills
Listing Contact: 213-259-5283 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor GIA CASTY | CA DRE# 01520830 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/7/2025

Powered byLuxury Presence