1614 S Sycamore Avenue
Los Angeles, CA 90019
Active for $3,995,000
Beds: 16 Baths: 18 Structure Size: 8,238 sqft Lot Size: 9,264 sqft
| MLS | 25486671 |
| Year Built | 2025 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $3,995,000 |
| Structure Size | 8,238 sqft |
| Lot Size | 9,264 sqft |
| Beds | 16 |
| Baths | 18 |
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.
Listing information courtesy of: Serena Shlomof, Onward Capital, Inc. 310-780-1146. *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 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.
Location
Contact a Local Realtor®
Yasmin Valle
REALTOR®
Direct: 818.913.2357
Email: Email Me
DRE: 02033245
DRE #01873088
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