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listing
1 of 21
Residential Income
$3,800,000
1614 S Sycamore Avenue
Los Angeles, CA 90019
Listing Office: Onward Capital, Inc.
MLS: California Regional MLS (CRMLS)
16Beds
18Baths
8,238Sq Ft
Est. Mortgage
$19,715/mo

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.

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Information courtesy of Onward Capital, Inc. is subject to verification and is not guaranteed.
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