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Listing Courtesy Of:
Keller Williams Beverly Hills, 310-432-6400, Barbara Isabel
Local Realty Services Provided By:
Keller Williams Beverly Hills
Overview
What It'll Cost
Neighborhood
2923 S Burnside Ave, Los Angeles, CA 90016
27 Beds
26 Baths
2923 S Burnside Ave, Los Angeles, CA 90016
Estimation provided by Keller Williams Realty Inc.
27 Beds
26 Baths
Active
For Sale
Property Description
PROPERTY CAN BE DELIVERED OVER 70% STABILIZED!! GET IN BEFORE IT'S TOO LATE. 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. Call/Text now to schedule your private tour! Serious inquiries only.
Property Details
Compare This Home
Overview
Property Type
Residential Income
Property Size
Year Built
2025
Days on Site
44 Days
HVAC
Cooling: Central, Heating: Central
Parking
12 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$5,149,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
02/06/2025
Listed
(+197.63% )
05/23/2022
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+858.02% )
Land 1,530,000 +
Additions 234,600
2022
(+1.48% )
Land 88,512 +
Additions 70,191
2021
(+2.7% )
Land 88,512 +
Additions 70,191
2019
(+7.66% )
Land 87,605 +
Additions 69,472
2017
Land 84,204 +
Additions 66,775
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Mid-City Southwest
Car-Dependent
Walkable
Very Walkable