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New construction
  • Price cut: $5K (12/9)
    $5,490,000

    2923 S Burnside Ave, Los Angeles, CA 90016

    27beds
    27baths
    12,538sqft
    : 
    Multi Family
    Built in 2025
    -- sqft lot
    $5,355,300 Zestimate®
    $438/sqft
    $-- HOA

    What's special

    Modern amenitiesMaximize natural lightLivable spaceSleek modern interiorsHigh-quality finishesIn-unit laundryOpen floor plans
    5.75% Cap Rate. 2923 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, 2923 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.
    66 days
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    186
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    4
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    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2025 at 08:36am

    Listed by:

    Yohann Bensimon DRE # 01966630 310-923-1550,

    Keller Williams Hollywood Hills 310-623-1300

    Source: CLAW,MLS#: 25602279MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 27
    • Bathrooms: 27
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Freezer, Microwave, Washer, Refrigerator, Range/Oven, Tankless Water Heater, Gas Water Heater
    • Laundry: In Unit
    Interior area
    • Total structure area: 12,538
    • Total interior livable area: 12,538 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Assigned, Garage - 2 Car
    • Garage spaces: 4
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Exterior features: Balcony
    Lot
    • Size: 9,286.99 Square Feet
    • Dimensions: 50 x 155
    Details
    • Additional structures: None
    • Parcel number: 5043022006
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Multi Family
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: In Street

    Community & HOA

    Community
    • Security: Gated, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $438/sqft
    • Tax assessed value: $1,799,892
    • Annual tax amount: $22,148
    • Date on market: 10/9/2025
    • Tenant pays: Electricity, Gas, Water, Trash Collection
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $5,355,300

    $5.09M - $5.62M

    $3,783/mo

    Price history

    Price history
    DateEventPrice
    12/9/2025Price change$5,490,000-0.1%$438/sqft
    Source: CLAW #25602279 Report a problem
    10/9/2025Listed for sale$5,495,000+6.7%$438/sqft
    Source: CLAW #25602279 Report a problem
    3/25/2025Listing removed$5,149,000$411/sqft
    Source: CLAW #25495307 Report a problem
    2/6/2025Listed for sale$5,149,000+197.6%$411/sqft
    Source: CLAW #25495307 Report a problem
    6/15/2022Sold$1,730,000+28.1%$138/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$22,148 +0.9%$1,835,889 +2%
    2024$21,950 +2%$1,799,892 +2%
    2023$21,525 +4.1%$1,764,600 +990.1%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $34,598/mo
    Principal & interest
    $27369
    Property taxes
    $5307
    Home insurance
    $1922

      Climate risks

      Neighborhood: West Adams

      Nearby schools

      GreatSchools rating

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