tomo logo

$3,995,000

Beds
16
sq ft
8,238

1614 S Sycamore Ave, Los Angeles, CA 90019

1614 S Sycamore Ave

Los Angeles, CA 90019

  • 2 days on market
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.

Details

Property type

Lot size

9,264 sq ft

Price per sq ft

$485

Year built

2025

HOA

No

Price History

01/21/2025
CLAW

CLAW #25486671

Listed
$3,995,000
+343.89%
07/17/2017
CLAW

CLAW #17219920

Sold
$900,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 01/23/2025 at 10:35 PM

Listing updated: 01/21/2025 at 4:55 PM

Listed by: Serena Shlomof, Onward Capital, Inc. Phone #: (310) 728-9969

MLS: CLAW #25486671

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