236 N Burlington, Los Angeles, CA 90026 – BB25018045

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Tracy Baker

tracy@tracybbaker.com +1(619) 507-4230

$ 2,599,000

Est. payment | -/mo

5,998 Sqft Lot

Save Virtual Tour

$ 2,599,000

Est. payment | -/mo

Save Virtual Tour

5,998 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25018045

Construction Status Turnkey

HOA Y/N No

Year Built 2023

Annual Tax Amount $32,372

Lot Size 5,998 Sqft

Property Sub-Type Quadruplex

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 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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Gas Range, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5159009005

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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

Listed by Lauren Cearley Myunits.com Inc. 209-298-6020

+1(619) 507-4230

tracy@tracybbaker.com

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236 N Burlington Los Angeles, CA 90026