Well-maintained Fourplex with Off-street Parking in Mid-city

USD $1,495,000
2037 Burnside Avenue, Los Angeles, California, 90016, USA

Property Highlights

  • Well-maintained fourplex in Mid-City
  • In-unit laundry in all apartments
  • Separate gas and electric meters
  • Eight off-street parking spaces
  • Recent roof replacement on rear building
  • Interior renovations in one unit

Overview

Prime Fourplex nestled in the heart of thriving Mid-City, this well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet. Built in 1963, the property offers an ideal unit mix of three spacious two-bedroom units and one one-bedroom unit all featuring in-unit laundry for added tenant convenience.With separate gas and electric meters for each unit, the property allows for simplified management and lower operating costs. A total of eight parking spaces four in the front and four in the rear provide valuable off-street parking, a rare amenity in this high-demand neighborhood.Mid-City is known for its rich architectural character and central location, offering seamless access to major corridors including the 10 Freeway. The neighborhood continues to see year-over-year growth in rental demand, making this an excellent opportunity for investors or owner-users seeking long-term upside.Recent upgrades include a newer roof on the rear structure (completed just 1.5 years ago), and interior renovations to Unit #3. Whether you're expanding your portfolio or searching for a value-add asset with strong fundamentals, this Mid-City fourplex checks all the boxes.
Show More Show Less

Property Features

2037 Burnside Avenue, Los Angeles, California, 90016, USA offers the following features:

Bedrooms: 7
Bathrooms: 4 Full
Living Area: 3296sf
Property Type: Residential Multi Family
Status: Active
Reference ID: 25559233

Map