CA > Los Angeles
Los Angeles, CA 90016,2923 S Burnside AVE
See all 68 photos
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
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
22
Feb
Sun
23
Feb
Mon
24
Feb
Andrea Goyette

Andrea Goyette

+1(619) 559-5591
$ 5,149,000
Est. payment /mo
Save
Active

2923 S Burnside AVE Los Angeles, CA 90016

27 Beds

26 Baths

10,348 SqFt

UPDATED:

02/14/2025 01:29 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,348 sqft

Price per Sqft $497

MLS Listing ID 25495307

Bedrooms 27

HOA Y/N No

Year Built 2025

Lot Size 9,286 Sqft

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 C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Exterior Feature Rain Gutters

Parking Features Assigned, Covered, Driveway, Gated, Uncovered

Community Features Gated

View Y/N Yes

View City Lights, Park/Greenbelt

Attached Garage Yes

Total Parking Spaces 12

Building

Story 3

Entry Level Three Or More

Sewer Other

Architectural Style Contemporary

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5043022006

Security Features Gated Community

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Barbara Isabel • Keller Williams Beverly Hills
agent

Andrea Goyette

Agent | License ID: 02113148

+1(619) 559-5591

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Andrea Goyette, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(619) 559-5591 to obtain direct assistance.

Go tour this home

2923 S Burnside AVE