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234 N Burlington Ave

Echo Park/
Filipinotown
Fourplex

Soon to be completed (mid to late 2022) new construction fourplex walking distance to Echo Park Lake and the countless trendy cafes and conveniences on nearby Temple St.  Made up of two 4 bedroom units and two 3 bedroom units. This A+ location will draw great tenants!

List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:

Highlights:

$3,395,000
4.75% (pro forma)
15.81 (pro forma)
5,758 sqft
2x 4b/4.5b
2x 3b/3.5b
Short Walk to Echo Park Lake
Spacious Floorplans
8 Parking Spaces
100% Separately Metered
Fit and Finish Warranty
Ultra-Trendy Location
Upscale Finishes
 

Click to View Photos

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Submit your offers now!

  • THE ONLY NEW CONSTRUCTION FOURPLEX available in all of Echo Park, Silver Lake, and Filipinotown!

  • Outstanding projected cap rate of 4.75%!

  • All units separately metered for gas, electric AND water!

  • Made up of four beautifully designed 2-story townhome style units!

  • Located a short walk to Echo Park Lake!

  • Trendy location moments from Silver Lake/Echo Park!

  • Huge, open floorplans.

  • Due to the high quality of construction, the property is very low maintenance.

  • Ideal parking set up! 8 parking spaces conveniently accessed from a back alley.

  • With SB-8 in effect, we expect less new constructions will be built, making properties like these an even more rare and hot commodity.

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The Neighborhood

10-Minute Walk

Echo Park Lake, Bloom & Plume Coffee,  Target, Tribal Cafe, HiFi Kitchen, Union Avenue Elementary, Rockwood Park, Leo's Taco Truck, LADMC (Hospital), Chibog's

5-Minute Drive

Doubting Thomas, Echo Park Swan Boats, Larchmont Bungalow Cafe, Mohawk Bend, Tierra Mia Coffee, Silverlake Ramen 2 Go, Cosmic Vinyl Cafe, Taix French, Edendale Library

$10 Uber Ride

Sunset Junction, Grand Park, The Broad, The Museum of Contemporary Art Los Angeles, Figat7th, Alfed Coffee, Bacari, El Cid, L & E Oyster Bar, Alimento, Koreatown