Millman Team Real Estate

$5,490,000
27 Bed
27 Bath
12,538 Sqft
0.21 Acre Lot

2923 S Burnside Avenue, Los Angeles, California 90016

  • Residential Income Property Type
  • 12,538 Sqft Square Footage
  • Garage Cars Garage
  • 2025 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
25602279
$5,490,000
27
27
12,538 Sqft
2025
0.21 Acre
Active
1
Features
: Central
: Central Air
: Garage, Door-Multi, Assigned
: Modern
: Other
$0
Appliances
: Dishwasher, Microwave, Dryer, Washer, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90016
Burnside
2923
Avenue
North of Jefferson Blvd, East of La Cienega, South of W Adams, West of La Brea
C16 - Mid Los Angeles
S
LARD1.5
Additional Information
$0
$0
$0
$0
$0
12538
: Gated
4.0
: Multi/Split
50x155
7
2025-10-09
5495000
3
Broker/Agent Information
Keller Williams Hollywood Hills
Yohann Bensimon
Listing Information
CLW-C123841
CLW-X7252101
Active
2025-12-09T00:42:29Z
CRMLS
: Standard
2025-10-09T00:00:00Z
Agent info
Ray Millman
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