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1614 S Sycamore Avenue

Los Angeles, CA 90019

– beds
– baths
– sqft
9,264 sqft lot
2025 build
– on site

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.

Listed By CRMLS_CA / Serena Shlomof / Onward Capital, Inc.

Last checked: Checking… • Last updated Apr 10, 2025 •

MLS# 25519931 —

The Building

Year Built:

2025
Year Built Source:

Builder
New Construction:

No
Building Area Total:

8238.00
Total Number Of Units:

5
# of Buildings:

3
Stories Total:

3

Interior

Levels:

Multi/Split
Laundry:

Washer Included, Dryer Included
Laundry:

1

Location

Directions:

South of Venice, West of La Brea
Latitude:

34.04473500
Longitude:

-118.34899000

The Property

Property Type:

Residential Income
Zoning:

LARD2
Lot Size Area:

9264.0000
Lot Size Acres:

0.2127
Lot Size SqFt:

9264.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5067002034

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Detached Carport, Controlled Entrance, Driveway
Parking Spaces:

9.00
Uncovered Spaces:

1.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	CRMLS_CA	$3,895,000	332.8% (43.1% / YR)
3/21/25 Mar 21, 2025	Listed / Active	CRMLS_CA
3/4/25 Mar 4, 2025	Sold Subject To Contingencies	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90019 is currently for sale for $3,895,000. 1614 S Sycamore Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 19 days. 1614 S Sycamore Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Los Angeles Senior High, Saturn Street Elementary School, and Emerson Community Charter School.

Listing Courtesy of: CRMLS_CA and Onward Capital, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 16:01 on Apr 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.