Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    2923 Burnside Avenue, Los Angeles, CA 90016
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    2923 Burnside Avenue
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    • MLS#: 25495307 ( )
    • Street Address: 2923 Burnside Avenue
    • Viewed: 14
    • Price: $5,149,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2025
    • Bldg sqft: 0
    • Days On Market: 55
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90016
    • Provided by: Keller Williams Beverly Hills
    • Contact: Barbara Barbara
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Appliances
    1. Dishwasher
    2. Disposal
    3. Microwave
    4. Refrigerator
    Architectural Style
    1. Contemporary
    Building Area Total
    1. 10348.00
    Cooling
    1. Central Air
    Country
    1. US
    Flooring
    1. Laminate
    Heating
    1. Central
    Laundry Features
    1. Washer Included
    2. Dryer Included
    Levels
    1. Three Or More
    Lockboxtype
    1. None
    Netoperatingincome
    1. 334560.00
    Parcel Number
    1. 5043022006
    Parking Features
    1. Assigned
    2. Driveway
    3. Gated
    4. Uncovered
    5. Covered
    Postalcodeplus4
    1. 3701
    Security Features
    1. Gated Community
    Sewer
    1. Other
    Sourcesystemkey
    1. 25495307:CLAW
    Totalexpenses
    1. 83760.00
    Uncovered Spaces
    1. 4.00
    View
    1. Park/Greenbelt
    2. City Lights
    Views
    1. 14
    Year Built
    1. 2025
    Year Built Source
    1. Builder
    Zoning
    1. LARD1.5
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836