1614 S SYCAMORE AVENUE, LOS ANGELES CA 90019
- 8,238 sq.ft.
- 9,264 sq.ft. lot
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.
Listing Courtesy of Serena Shlomof, Onward Capital, Inc.
Interior Features
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