1614 S Sycamore Avenue, Los Angeles, CA 90019
-
Listed Price :
$3,995,000
-
Beds :
16
-
Baths :
18
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Property Size :
8,238 sqft
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Year Built :
2025
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.
Interior Features
| Bedroom Information |
| Bedrooms |
16 |
| Bathroom Information |
| Bathrooms |
18 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
1614 S Sycamore Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90019 |
| County |
Los Angeles |
| Listing Agent |
Serena Shlomof DRE #01986310 |
| Courtesy Of |
Onward Capital, Inc. |
| List Price |
$3,995,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
8,238 |
| Lot Size |
9,264 |
| Year Built |
2025 |
Listing information courtesy of: Serena Shlomof, Onward Capital, Inc.. *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.
