$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 #25486671
Listed
$3,995,000
+343.89%
07/17/2017
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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