Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1614 Sycamore Avenue, Los Angeles, CA 90019
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    1614 Sycamore Avenue
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    • MLS#: 25486671 ( )
    • Street Address: 1614 Sycamore Avenue
    • Viewed: 1
    • Price: $3,995,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2025
    • Bldg sqft: 0
    • Days On Market: 2
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90019
    • Provided by: Onward Capital, Inc.
    • Contact: Serena Serena
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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 $25,000 per month and $306,000 annually, offering an impressive 5.75% 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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    Features
    Appliances
    1. Dishwasher
    2. Disposal
    3. Microwave
    4. Refrigerator
    5. Trash Compactor
    Building Area Total
    1. 8238.00
    Cooling
    1. Central Air
    Country
    1. US
    Heating
    1. Central
    Insurance Expense
    1. 3375.00
    Laundry Features
    1. Washer Included
    2. Dryer Included
    Levels
    1. Multi/Split
    Netoperatingincome
    1. 229763.75
    Newtaxesexpense
    1. 46941.00
    Parcel Number
    1. 5067002034
    Parking Features
    1. Detached Carport
    2. Controlled Entrance
    3. Driveway
    Postalcodeplus4
    1. 5334
    Professionalmanagementexpense
    1. 12240.00
    Sourcesystemkey
    1. 25-486671:CLAW
    Totalexpenses
    1. 67056.20
    Water Sewer Expense
    1. 1440.00
    Year Built
    1. 2025
    Year Built Source
    1. Builder
    Zoning
    1. LARD2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836