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Four-Unit Apartment Building
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2417 S Burnside Ave, Los Angeles, CA 90016

Well-maintained 4-unit apartment property with four covered parking spaces and shared coin-operated laundry.

Property Size2,822 SF
Lot Size0.13 Acres
Days on Market122

Property Features for 2417 S Burnside Ave

General Information

Standard status Active
Size 2,822 SF
Total Parking Spaces 4
Lot size 0.13 Acres
Property subtype Multifamily

Additional Details

Cap Rate 5%
Multifamily Units 4

Amenities

coin operated laundry

Building Details

Year Built 1963
Tenancy Multi
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Johnnie Stiegler · License #01981597
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This four-unit apartment building is well maintained and totals 2,822 square feet on a 5,834 square foot lot. The property consists of four 2-bedroom, 1-bath units. The units have had general updating in the past few years, and the shared amenities include coin-operated laundry. Four covered parking spaces are provided for tenants.

The rear building was constructed in 1963, and the property is located in the West Adams area of Los Angeles.

The building is currently operating at a 5% cap rate, with additional 30% upside noted in the seller’s remarks.

Key Highlights

  • 4‑unit apartment building in West Adams, Los Angeles
  • 2,822 sq ft building on a 5,834 sq ft lot with (4) 2 bed/1 bath units
  • General updates completed for all units in the past few years

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Travel Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,253
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained 4-unit apartment property with four covered parking spaces and shared coin-operated laundry.
Where is this quadplex located?
The property is located at 2417 S Burnside Ave Los Angeles, CA.
What are key features of this property?
This property features: 4‑unit apartment building in West Adams, Los Angeles; 2,822 sq ft building on a 5,834 sq ft lot with (4) 2 bed/1 bath units; General updates completed for all units in the past few years
(310) 706-4066 Call to check price and availability
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