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1614 S Sycamore Ave, Los Angeles, CA 90019

List Price: $3,800,000On Market FlagOn market
Apr 2, 20258,238 sqft16 beds18 baths
Listed by: Serena Shlomof
License #: 01986310
Phone #: 310-780-1146
Onward Capital, Inc.
Source:
CRMLS Logo
MLS #: 25519931

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$468/sqft$3,859,300

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

SUBJECT
1614 S Sycamore Ave, Los Angeles, CA 90019

1614 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

COMPARABLE
Choose comps
4601 Pickford St, Los Angeles, CA 90019

4601 Pickford St, Los Angeles, CA 90019

Sale: $3,150,000

7/1/20250.60 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

1116 S Mariposa Ave, Los Angeles, CA 90006

Sale: $3,220,000

7/18/20252.91 mi

Area:7,538 sqft
Price/sqft:$427
Beds:16
Baths:19
Year Built:
Weight:46.4%

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3

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