Active
1614 S Sycamore Avenue
Los Angeles CA, 90019
$3,995,000
$484.95 per sqft
Active
16 Beds
18 Baths
8,238 sqft
Residential
Built in 2025
Listed by Serena Shlomof with Onward Capital, Inc. 310-780-1146
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.
25486671
MLSⓇ ID
January 21, 2025
Listed
January 22, 2025
Updated
Map
1614 S Sycamore Avenue
Los Angeles CA, 90019
Interior Features
Total Stories
3
Bedrooms
16
Total Bathrooms
18
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Dryer, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Area Name
C16 - Mid Los Angeles
Garage
No
Parking
Controlled Entrance, Detached Carport, Driveway
Parking Total
2
View
No
County
Los Angeles
Pool
No
Zoning
LARD2
Listing Contact: 310-728-9969
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/22/2025 at 1:17 AM UTC