21
See all 21 photos
$3,995,000
Est. payment /mo
16 BD
18 BA
8,238 SqFt
New
1614 S Sycamore AVE Los Angeles, CA 90019
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UPDATED:
01/22/2025 12:50 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,238 sqft
Price per Sqft $484
MLS Listing ID 25486671
Bedrooms 16
HOA Y/N No
Year Built 2025
Lot Size 9,265 Sqft
Property Description
Onward Capital, as the exclusive broker, is excited to present this newly constructed 5-unit complex for sale, featuring two duplexes and a detached ADU. This is a rare opportunity to acquire a brand-new property in the heart of Los Angeles. The fully stabilized, cash-flowing asset generates over $25,000 per month and $306,000 annually, offering an impressive 5.75% cap rate. With no repairs or maintenance required and builder's warranties included, this property stands out as a true pride-of-ownership investment. The complex comprises three detached, three-story buildings with thoughtfully designed layouts, including two 4-bedroom, 4.5-bath units; two 3-bedroom, 3.5-bath units; and one 2-bedroom, 2-bath unit. Each unit features top-of-the-line finishes, custom-designed kitchens, stainless steel appliances, and durable Hardy siding on the exterior, showcasing the highest standards of quality and craftsmanship.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Dryer, Washer
Exterior
Parking Features Controlled Entrance, Detached Carport, Driveway
Attached Garage No
Total Parking Spaces 2
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5067002034
Special Listing Condition Standard
Listed by Serena Shlomof • Onward Capital, Inc.