2923 S Burnside Avenue

Los Angeles, CA 90016

$5,149,000

List Price

27

bed Beds

26

shower Baths

10,348 sqft

straighten / sqft

2025

calendar_month Built

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.

Listing Information

List Price $5,149,000
Status Active
MLS 25495307
Type Residential Income
Year Built 2025
Lot Size 9,286
Structure Size 10,348
DOM 2
Courtesy Of Keller Williams Beverly Hills
Listing Agent Barbara Isabel DRE#02057627

Interior Features

Total Bedroom
Bedrooms 27
Total Bathroom
Bathrooms 26
Flooring Information
Material Laminate
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Barbara Isabel, Keller Williams Beverly Hills 213-259-5283. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2025 at 8:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.