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234 N Burlington

LOS ANGELES, 90026
4-Unit New Construction Townhomes near Echo Park

4
UNITS
3&4 BR
UNITS
$2,795,000
PRICE
6,000 SF LARD1.5
LOT
5,758 SF
PROPERTY

FINANCIALS

SALES PRICE

PRICE PER SF

CAP RATE

GRM

GROSS RENTAL INCOME

$2,795,000

$502.78

5.4%

14.21

$203,760

For a full financial breakdown, please browse the Offering Memorandum Package PDF by clicking below.

Ikon Advisors is pleased to introduce this prime investment asset; a newly built 4-unit townhouse complex adjacent to Echo Park optimized for a modern & functional rental lifestyle. 234 Burlington features (2) 4 Bed/4.5 Bath and (2) 3 Bed/3.5 Bath 2-story units consisting of large bedrooms with personal bathrooms & walk-in closets, in-unit washer & dryers, stainless steel appliances, balconies and private garage parking.

In addition to the impressive return, investors will enjoy extreme desirability among renters for years to come in the Echo Park adjacent neighborhood that is experiencing tremendous growth and and influx of young professionals and families. Developments such as these are highly sought after in this highly active community already delivering high rents. Tenants pay all utilities and all units are individually metered.

INTERIOR

YEAR BUILT

FLOORING

APPLIANCES




OTHER INTERIOR
FEATURES

2022

Laminate Wood Floors

Washer/Dryer, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven
Washer, Refrigerator


Attached Balconies, High Ceilings

EXTERIOR

STORIES

YARD

AIR CONDITIONING

PARKING


 

2

Manicured landscaping

Central Air & Heat


8 Car Garage, Onsite, Private

Griffith Observatory_edited.jpg

Contact Yohann about 
234 N Burlington !

310.923.1550 | yohann@ikonadvisors.com

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Yohann Bensimon | CALDRE #01966630

Interested in this property?

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