CA > Los Angeles
Los Angeles, CA 90026,236 N Burlington
Los Angeles, CA 90026,236 N Burlington
Los Angeles, CA 90026,236 N Burlington
32
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$2,599,000
Est. payment /mo
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14 Beds
14 Baths
6,000 Sqft Lot
Price Dropped by $100K

236 N Burlington Los Angeles, CA 90026

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Mike Acker

Mike Acker

+1(619) 454-0620

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25018045

Bedrooms 14

HOA Y/N No

Lot Size 6,000 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

236 N Burlington St is a rare 2023 construction fourplex walking distance to the Echo Park Lake! This fully stabilized fourplex attracted A+ tenants quickly thanks to its ultra trendy location near Echo Park & Silver Lake and highly rentable floorplans. Moments on foot to Bloom & Plume Coffee, Tribal Cafe, Target on Temple, and so much more! With SB-8 in effect, new construction property inventory is at an all-time low- making it more important than ever to tie up these valuable properties as early as possible! 236 N Burlington is made up of two 4-bedroom, 3.5- bathroom units & two 3-bedroom, 3.5-bathroom units, all with incredibly spacious, open floorplans. The property boasts 8 parking spots (4 garage spaces & 4 exterior spaces) all accessed from a convenient back alley! This incredible project has an excellent stabilized cap rate of 5.78%! In addition to the high return, buyers will enjoy other notable perks including: a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. The units feature: washer and dryer in each unit, extremely spacious, open floor plans, and high quality finishes.
236 N Burlington St is a rare 2023 construction fourplex walking distance to the Echo Park Lake! This fully stabilized fourplex attracted A+ tenants quickly thanks to its ultra trendy location near Echo Park & Silver Lake and highly rentable floorplans. Moments on foot to Bloom & Plume Coffee, Tribal Cafe, Target on Temple, and so much more! With SB-8 in effect, new construction property inventory is at an all-time low- making it more important than ever to tie up these valuable properties as early as possible! 236 N Burlington is made up of two 4-bedroom, 3.5- bathroom units & two 3-bedroom, 3.5-bathroom units, all with incredibly spacious, open floorplans. The property boasts 8 parking spots (4 garage spaces & 4 exterior spaces) all accessed from a convenient back alley! This incredible project has an excellent stabilized cap rate of 5.78%! In addition to the high return, buyers will enjoy other notable perks including: a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. The units feature: washer and dryer in each unit, extremely spacious, open floor plans, and high quality finishes.

Location

State CA

County Los Angeles

Area Los Angeles (90026)

Zoning Builder

Interior

Cooling Central Forced Air

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Space Rent $3,895

Virtual Tour https://www.myunits.com/buy/236burlington

San Diego Regional MLS (SDMLS)
Listed by Lauren Cearley • Myunits.com Inc.

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agent

Mike Acker

Agent | License ID: 01356721

+1(619) 454-0620

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236 N Burlington

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