1614 S Sycamore Ave new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,238 sqft
Price per Sqft $472
MLS Listing ID 25519931
Bedrooms 16
Year Built 2025
Lot Size 9,264 Sqft
Property Sub-Type Multi-Family
Property Description
Located in Opportunity Zone! 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 $26,000 per month and $312,000 annually, offering an impressive 6,02% 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 Mid Los Angeles
Zoning LARD2
Rooms
Other Rooms Accessory Bldgs
Interior
Heating Central
Cooling Central
Equipment Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Hood Fan, Microwave, Refrigerator, Range/Oven, Trash Compactor, Washer
Exterior
Parking Features Carport Detached, Controlled Entrance, Driveway
Garage Spaces 9.0
Building
Story 3
Others
Special Listing Condition Standard