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$5,025,000
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Property Description
6.1% Cap Rate. 2921 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 plus storage that rents for $50/month, 2921 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.
Full Property Details
Full Property Details for 2921 S Burnside Ave
General
- Sold For: $5,025,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26638793
- Added to Site: 125 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 27
Bedrooms
- Total Bedrooms: 27
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Gated, Carbon Monoxide Detector(s), Fire Sprinklers, Smoke Detector
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Assigned, Garage - 2 Car
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: North of Jefferson Blvd, East of La Cienega, South of W Adams, West of La Brea
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: In Street
Structural Information
- # Buildings: 3
- Architectural Style: Modern
- Stories/Levels: 3
- Square Feet: 12,538
- Sq. Ft. Source: Plans
- Year Built: 2025
- Year Built Source: Builder
- Property Condition: New Construction
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 7
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Unit 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 2
- Total Bathrooms: 4
- Bedrooms: 4
Unit 3
- Total Bathrooms: 4
- Bedrooms: 4
Unit 4
- Total Bathrooms: 4
- Bedrooms: 4
Unit 5
- Total Bathrooms: 3
- Bedrooms: 3
Unit 6
- Total Bathrooms: 3.5
- Bedrooms: 4
Unit 7
- Total Bathrooms: 3.5
- Bedrooms: 4
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2132
- Lot Size: 9286
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 155
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $430.29
- Assessment Year: 2025
- Tenant Pays: Electricity, Gas, Water, Trash Collection
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5043-022-006
Listed by Keller Williams Hollywood Hills, Yohann Bensimon
Sold by Rodeo Realty, Ralph Norton
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Schools
Schools serving 2921 S Burnside Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Marvin Elementary School, Los Angeles, CA 2411 South Marvin Avenue, Los Angeles, CA 90016 | K-5 | 0.6 mi |
Daniel Webster Middle School 11330 Graham Place, Los Angeles, CA 90064 | 7-8 | 4.2 mi |
Susan Miller Dorsey Senior High School 3537 Farmdale Avenue, Los Angeles, CA 90016 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2921 S Burnside Ave
Date
Details
Price
Change
Source
4/20/2026
Sold
$5,025,000
-6.86%
MLS
1/20/2026
Listed
$5,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2921 S Burnside Ave, Los Angeles, CA 90016 (MLS# 26638793) is a Multi-Family property that was sold at $5,025,000 on April 20, 2026. Want to learn more about 2921 S Burnside Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

