See all 68 photos

$5,149,000

Est. payment - /mo

Save

27 BD

26 BA

10,348 SqFt

Active

2923 S Burnside Ave Los Angeles, CA 90016

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Feb

Sun

Feb

Mon

Feb

Dallas Baker

[email protected] +1(424) 243-7444

UPDATED:

02/14/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,348 sqft

Price per Sqft $497

MLS Listing ID 25495307

Style Contemporary

Bedrooms 27

Construction Status New Construction

Year Built 2025

Lot Size 9,286 Sqft

Acres 0.2132

Property Sub-Type Multi-Family

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 Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Central

Cooling Central

Flooring Laminate

Equipment Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Assigned, Driveway, Garage - 4+ Car, Garage Is Attached, Gated, Uncovered, Covered Parking

Garage Spaces 12.0

Waterfront Description None

View Y/N Yes

View Green Belt, City, City Lights

Building

Lot Description 5 + Lots, Fenced

Story 3

Sewer In Street

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

Construction Status New Construction

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

GET MORE INFORMATION

Dallas Baker

+1(424) 243-7444

2923 S Burnside Ave Los Angeles, CA 90016

Dallas Baker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

2923 S Burnside Ave