2921 S Burnside Avenue, Los Angeles, CA 90016

$5,025,000
27
BD
27
BA
12,538
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$5,025,000
List Price
$5,395,000
Closing Date
Apr 20, 2026
Status
CLOSED
MLS#
26638793
Year Built
2025
Bedrooms
27
Bathrooms
27
Living Sq. Ft
12,538
Lot Size
9,286
Acres
0.21
Days on Market
78
Property Type
Multifamily
Style
Modern
Stories
Multi Level

Property Description

6.1% Cap Rate. 2921 S Burnside Avenue is a brand-new collection of seven fully-leased townhome style apartments in the heart of Mid-City, Los Angeles. The property includes four 4-bedroom, 4-bath homes two with private 2-car garages, two 4-bedroom, 3.5-bath homes, and one 3-bedroom, 3-bath home. Units offer assigned parking, in-unit laundry, and private balconies or outdoor spaces, while spacious layouts provide clear separation between living, dining, and bedroom areas for both privacy and comfort. Designed with contemporary architecture and open floor plans, these townhome style units maximize natural light and space. High-quality finishes and thoughtful attention to detail create sleek, modern interiors that are as functional as they are stylish. Every unit provides a combination of livable space and modern amenities that appeal to today's renters. Fully leased and producing consistent income plus storage that rents for $50/month, 2921 S Burnside Avenue offers turnkey investment potential in a high-demand rental market. Brand-new construction ensures minimal maintenance, long-term reliability, and strong cash flow. Located in a prime Mid-City neighborhood with convenient access to central Los Angeles, this property represents a rare opportunity to combine immediate income with long-term stability in the Los Angeles multi-family market.

Additional Information

Appliances
Dishwasher, Microwave, Refrigerator, Dryer, Washer
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
4
Sewer
Other
Attached Structure
Detached
Number Of Units Total
7

Listing courtesy of Listing Agent: Yohann Bensimon (yohann@ikonadvisors.com) from Listing Office: Keller Williams Hollywood Hills.

Listing sold by Ralph Norton from Rodeo Realty

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.