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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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2037 S Burnside Avenue Los Angeles, CA 90016
$1,499,000 7 beds, 4 baths
3, 296 sqft
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Agent Remarks

Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26838879
List price is $1,499,000 Reduced by $50,000 on 9/9/2026
Beds: 7
Baths: 4
Built in 1971
3,296 sqft
2 stories
0.13 acres
Lot size: 0.1317
County: Los Angeles
Zoning: LARD1.5
Appliances: Microwave,Refrigerator,Dryer,Washer
Parking description: Assigned,Driveway
Heating/cooling: None
MLS area: C16 - Mid Los Angeles

Last Updated: 9/9/2026

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.039334, -118.358162.
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Listing Agent: Aaron Mejia
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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18302 Irvine Blvd, Suite 240
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