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.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$58,779
TurboHome Estimated Value
$3,859,300
$468 sqft
High Valuation
$4,052,265
$492/sqft
Normal Valuation
$3,859,300
$468/sqft
Low Valuation
$3,666,335
$445/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $468/sqft | $3,859,300 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Mid City
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Comparative Value
$3.15M
$3.22M
$3.80M
4601 Pickford St, Los Angeles, CA 90019
Sale Price: $3,150,000
Selected Comparable
1116 S Mariposa Ave, Los Angeles, CA 90006
Sale Price: $3,220,000
Selected Comparable
1614 S Sycamore Ave, Los Angeles, CA 90019
List Price: $3,800,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1614 S Sycamore Ave, Los Angeles, CA 90019
List: $3,800,000
Listed: 4/2/2025
Area:8,238 sqft
Price/sqft:$461
Beds:16
Baths:18
Year Built:—
Lot Size:9,264
Comparable Properties
COMPARABLEChoose comps
4601 Pickford St, Los Angeles, CA 90019
Sale: $3,150,000
7/1/2025 • 0.60 mi
Area:6,676 sqft
Price/sqft:$472
Beds:16
Baths:18
Year Built:—
Weight:53.6%
1116 S Mariposa Ave, Los Angeles, CA 90006
Sale: $3,220,000
7/18/2025 • 2.91 mi
Area:7,538 sqft
Price/sqft:$427
Beds:16
Baths:19
Year Built:—
Weight:46.4%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1614 S Sycamore Ave, Los Angeles, CA 90019 | $3,800,000 | 8,238 | $461 | 9,264 | — | 4/2/2025 | 16 | 18 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
4601 Pickford St, Los Angeles, CA 90019 | $3,150,000 | 6,676 | $472 | 6,943 | 0.60 mi | 7/1/2025 | 16 | 18 | — | 53.6% | |
1116 S Mariposa Ave, Los Angeles, CA 90006 | $3,220,000 | 7,538 | $427 | 5,906 | 2.91 mi | 7/18/2025 | 16 | 19 | — | 46.4% |
Nearby Listings
1 similar properties within 5 miles
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1
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2
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3
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You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
