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$2,575,000

  • For Sale
  • Active
  • Multi-Family
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234 N Burlington Ave | A Fully stabilized 2023 construction fourplex delivering a true 6.00% cap rate at $2,575,000. This rare income property offers immediate, predictable cash flow with zero lease-up risk: ideal for end-of-year and 1031 exchange buyers seeking strong returns in a core Los Angeles location. Each unit features modern 3- and 4-bedroom layouts with open floorplans, designer kitchens, in-unit laundry, and premium finishes that command top rents. Eight total parking spaces, separate utility meters, and all new systems ensure minimal operating costs and maximum efficiency. Located just blocks from Echo Park Lake, Silver Lake, and Downtown LA, the property attracts high-earning tenants and benefits from continued submarket growth driven by limited SB 8 supply and consistent rental demand. This is one of the few stabilized assets in LA offering verified 6% performance with clear long-term appreciation upside.

Full Property Details for 234 N Burlington Ave

General

  • Price: $2,575,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: BB25250782
  • Updated: 10/31/2025
  • Days on Market: 79 days
  • Added to Site: 79 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Laundry, Living Room
  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: C21 - Silver Lake - Echo Park
  • County: Los Angeles
  • Development Name: C21 - Silver Lake - Echo Park
  • Driving Directions: Just minutes from the 101, 110, and 5 Freeways, 234 N Burlington offers renters unbeatable access to Downtown LA, Echo Park, and Silver Lake’s job centers, schools, and lifestyle amenities, making it a prime investment location with strong demand.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 4
  • # Gas Meters: 4
  • # Electric Meters: 5

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,798
  • Year Built: 2023

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 4
  • Bedrooms: 4

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 4
  • Bedrooms: 4

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 3
  • Bedrooms: 3

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.1377
  • Lot Size (Sq. Ft.): 6,000
  • Lot Size Source: Assessor
  • Zoning: LARD1.5
  • Lot Description: Landscaped

Financial Considerations

  • Price Per Sq. Ft.: $536.68
  • Price Per Unit: 643750

Listed by Myunits.com Inc., Lauren Cearley and The Davidi Company, Isaac Davidi

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Listing agents

— 234 N Burlington Ave —

  • Lauren Cearley

    Myunits.com Inc.

  • Isaac Davidi

    The Davidi Company

209-298-6020

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 234 N Burlington Ave

School District:Los Angeles Unified School District
NameGradesDistance
Union Avenue Elementary School
150 South Burlington Avenue, Los Angeles, CA 90057
PK-50.2 mi
Sal Castro Middle School
1575 West 2nd Street, Los Angeles, CA 90026
7-80.4 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 234 N Burlington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Listed
$2,575,000
221.88%
MLS
6/26/2019
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 234 N Burlington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,879
4%
$874,911
4%
2023
$10,503
5%
$840,940
2%
2022
$10,024
1%
$824,452
2%
2021
$9,896
-1%
$808,287
1%
2020
$9,995
34%
$800,000
642%
2019
$7,477
376%
$107,874
2%
2018
$1,570
2%
$105,760
2%
2017
$1,542
4%
$103,687
2%
2016
$1,486
1%
$101,655
2%
2015
$1,468
-2%
$100,129
2%
2014
$1,496
—
$98,169
—
2013
$1,490
—
$97,726
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 234 N Burlington Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Myunits.com Inc., Lauren Cearley and The Davidi Company, Isaac Davidi

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234 N Burlington Avenue, Los Angeles, CA 90026 (MLS# BB25250782) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 234 N Burlington Avenue is currently listed for $2,575,000 and was received on October 30, 2025. Want to learn more about 234 N Burlington Avenue? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

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