234 North Burlington Avenue
$2,795,000
14
14
4,798
4,798
$583
Description
234 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...234 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! 234 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 5.54%! In addition to the high return, buyers will enjoy other notable perks including: a 1-year builder’s 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.
- Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #02230850 • Myunits.com Inc. • 818-850-8485
- Listed by Isaac Davidi • DRE #01819489 • Brokerage DRE #01819489 • On Track Property
Property Details for 234 North Burlington Avenue
View
City Lights
Parking Spaces Total8
Private PoolNo
Cooling TypeCentral Forced Air
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area4798
LISTING UPDATED: 09/11/2024 05:04 AM
Property Details for 234 North Burlington Avenue
Status | Active |
---|---|
MLS # | BB24115420 |
Days on Market | 94 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2023 |
Lot Size | 0.14 AC / 6,000 SF |
County | Los Angeles County |
Building Information for 234 North Burlington Avenue
Stories2Residences-Year Built2023Building Size-Lot Size0.14 AC / 6,000 SF
Property Information for 234 North Burlington Avenue
Property History for 234 North Burlington Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 234 North Burlington Avenue
Taxable ValueLand$632,597Additions$225,160Total$857,757
Tax Record2023$10,503 ($875 / month)
Home Facts
Total Finished SqFt2,038 SqFtAbove Grade Finished SqFt2,038 SqFtLot Size6,000 SqFtStyleTriplexYear Built1914ZoningLARD1.5CountyLOS ANGELESAPN5159-009-005
Schools near 234 North Burlington Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Union Avenue Elementary School PublicK to 5 | ||
Sal Castro Middle School Public6 to 8 | ||
Miguel Contreras Learning Complex School Public9 to 12 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.