Los Angeles, CA 90019,1614 S Sycamore Ave
Los Angeles, CA 90019,1614 S Sycamore Ave
Los Angeles, CA 90019,1614 S Sycamore Ave
21
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$3,895,000
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16 Beds
18 Baths
8,238 SqFt
New

1614 S Sycamore Ave Los Angeles, CA 90019

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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

Acres 0.2127

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

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Onward Capital, Inc.

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agent

Jonny Ahdoot

Agent | License ID: 02007544

+1(310) 231-5208

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1614 S Sycamore Ave