1614 S Sycamore Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,238 sqft
Price per Sqft $461
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 6.2% 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