236 N Burlington

236 N Burlington St is a rare 2023 construction fourplex walking distance to the Echo Park Lake!

This fully stabilized fourplex attracted A+ tenants quickly thanks to its ultra trendy location near Echo Park & Silver Lake and highly rentable floorplans. Moments on foot to Bloom & Plume Coffee, Tribal Cafe, Target on Temple, and so much more! With SB-8 in effect, new construction property inventory is at an all-time low- making it more important than ever to tie up these valuable properties as early as possible! 236 N Burlington is made up of two 4-bedroom, 3.5- bathroom units & two 3-bedroom, 3.5-bathroom units, all with incredibly spacious, open floorplans. The property boasts 8 parking spots (4 garage spaces & 4 exterior spaces) all accessed from a convenient back alley! This incredible project has an excellent stabilized cap rate of 5.78%! In addition to the high return, buyers will enjoy other notable perks including: a 1-year builder s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters. The units feature: washer and dryer in each unit, extremely spacious, open floor plans, and high quality finishes.

This home located at 236 N Burlington is currently active and has been available on pardeeproperties.com for 154 days. This property is listed at $2,599,000. It has 14 beds and 14 bathrooms. The property was built in 2023. 236 N Burlington is in the Silver Lake - Echo Park community of Los Angeles County.

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