Los Angeles, CA 90019,1614 S Sycamore Avenue
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$ 3,895,000
Est. payment | /mo

8,238 SqFt


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$ 3,895,000
Est. payment | /mo
Save

8,238 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,238 sqft

Price per Sqft $472

MLS Listing ID CL25519931

HOA Y/N No

Year Built 2025

Lot Size 9,264 Sqft

Acres 0.21

Property Sub-Type Other

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

Zoning LARD

Interior

Heating Other

Cooling Central Air

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Building

New Construction No

Others

Tax ID 5067002034

Bridge MLS
Listed by Serena Shlomof • Onward Capital, Inc.
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1614 S Sycamore Avenue