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.
For sale
$1,549,000
2037 S Burnside Ave, Los Angeles, CA 90016
7beds
4baths
3,296sqft
Multi Family
Built in 1971
-- sqft lot
$1,503,500 Zestimate®
$470/sqft
$-- HOA
What's special
- 105 days
- 73
- 4
Zillow last checked:
Listing updated:
Listed by:
Aaron Mejia DRE # 01896881 310-497-2029,
Christie's International Real Estate SoCal 424-249-7162
Source: CLAW,MLS#: 26838879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Wall Gas
Cooling
- None
Appliances
- Included: Microwave, Dryer, Washer, Refrigerator
Interior area
- Total structure area: 3,296
- Total interior livable area: 3,296 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Assigned
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,736 Square Feet
Details
- Additional structures: None
- Parcel number: 5063018015
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1971
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $470/sqft
- Tax assessed value: $1,273,449
- Date on market: 5/26/2026
Estimated market value
$1,503,500
$1.43M - $1.58M
$2,929/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Listed for sale | $1,549,000+3.6%$470/sqft |
Source: | ||
| 12/19/2025 | Listing removed | $1,495,000$454/sqft |
Source: | ||
| 6/30/2025 | Listed for sale | $1,495,000+24.6%$454/sqft |
Source: | ||
| 4/7/2021 | Sold | $1,200,000+101.7%$364/sqft |
Source: | ||
| 9/7/2017 | Listing removed | $1,795$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 8/24/2017 | Listed for rent | $1,795$1/sqft |
Source: Ingenious Asset Group, Inc. Report a problem | ||
| 12/11/2013 | Sold | $595,000$181/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,324,894 +2% |
| 2025 | $15,980 +1.1% | $1,298,917 +2% |
| 2024 | $15,802 +1.9% | $1,273,449 +2% |
| 2023 | $15,502 +4.8% | $1,248,480 +2% |
| 2022 | $14,791 +75.7% | $1,224,000 +81.6% |
| 2021 | $8,416 -1% | $673,835 +1% |
| 2020 | $8,497 | $666,926 +2% |
| 2019 | $8,497 +5.7% | $653,850 +2% |
| 2018 | $8,038 | $641,031 +2% |
| 2017 | $8,038 +2.1% | $628,463 +2% |
| 2016 | $7,869 +2.7% | $616,141 +1.5% |
| 2015 | $7,666 +0.8% | $606,887 +2% |
| 2014 | $7,605 | $595,000 +295.4% |
| 2011 | -- | $150,494 +0.8% |
| 2010 | -- | $149,371 +1.8% |
| 2008 | -- | $146,791 +2% |
| 2007 | -- | $143,913 +2% |
| 2006 | -- | $141,092 |
| 2005 | -- | $141,092 +4% |
| 2004 | -- | $135,615 +1.9% |
| 2003 | -- | $133,130 +6.1% |
| 2000 | -- | $125,453 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Mid City
Nearby schools
Schools provided by the listing agent
- District: Los Angeles Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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