1614 S Sycamore Avenue

Los Angeles, CA 90019

$3,995,000

List Price

16

bed Beds

18

shower Baths

8,238 sqft

straighten / sqft

2025

calendar_month Built

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.

Listing Information

List Price $3,995,000
Status Active
MLS 25486671
Type Residential Income
Year Built 2025
Lot Size 9,264
Structure Size 8,238
Courtesy Of Onward Capital, Inc.
Listing Agent Serena Shlomof DRE#01986310

Interior Features

Total Bedroom
Bedrooms 16
Total Bathroom
Bathrooms 18
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Serena Shlomof, Onward Capital, Inc. 310-780-1146. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 22nd, 2025 at 12:50 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.