1614 S Sycamore Avenue
Los Angeles, CA 90019
8238 sqft | 16 beds | 0.21 acres | #25519931
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$3,895,000
- MLS #25519931
- MLS #25519931
- Cost3895000
- Acres0.2127
- Square Feet8238
- Year Built2025
- Bedrooms16
- Stories3
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Serena Shlomof (#CLW-C123961)
Listing Office: Onward Capital, Inc. (#CLW-X81223)
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