CA > Los Angeles
Los Angeles, CA 90016,2923 S Burnside Ave
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Los Angeles, CA 90016,2923 S Burnside Ave
Los Angeles, CA 90016,2923 S Burnside Ave
Los Angeles, CA 90016,2923 S Burnside Ave
Los Angeles, CA 90016,2923 S Burnside Ave
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Donny Piwowarski

Donny Piwowarski

+1(209) 740-1004
$ 5,149,000
Est. payment /mo
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2923 S Burnside Ave Los Angeles, CA 90016

2 Beds

2 Baths

10,348 SqFt

UPDATED:

02/17/2025 09:39 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,348 sqft

Price per Sqft $497

MLS Listing ID 25499447

Bedrooms 2

Year Built 2025

Lot Size 9,286 Sqft

Acres 0.2132

Property Sub-Type Multi-Family

Property Description

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. The property is 100% vacant. Call/Text now to schedule your private tour! Serious inquiries only.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Laundry In Unit

Exterior

Garage Spaces 12.0

Building

Story 3

Structure Type Stucco, Frame

Others

Special Listing Condition Standard

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 ©2025 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 Beverly Hills
agent

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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