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1842 S Sycamore Ave
Los Angeles, CA 90019
THE MOST LUXURIOUS 2022 FOURPLEX! OVER 6% CAP · Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • NOW A 6.07% pro forma cap rate! CASH COW! Unheard of return!
  • Ideal property for owner occupiers! Live the life of ultimate luxury in one of the 5 bedroom townhomes while having the other 3 units pay the mortgage
  • The most highly upgraded, luxury home quality fourplex that’s been built. These aren’t your typical new construction units!
  • Opportunity Zone! Major tax benefits! No rent control!
  • ALL 5 BEDROOM UNITS- MEANING TREMENDOUS INCOME!
  • 9 PARKING SPACES! 4 garage parking spaces (private 2-car garages), 4 permitted exterior spaces, and room for 1 more car. A huge plus for renters!

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 6,623 SF
Average Occupancy 25%
No. Stories 3
Year Built 2022
Parking Ratio 1.21/1,000 SF
Zoning LARD1.5

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Security System
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Views
  • Walk-In Closets
  • Yard
  • Family Room
  • Freezer
  • Handrails
  • Island Kitchen
  • Lawn

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
5+5 4 $5,995 1,609 - 1,707
  • Listing ID: 27112306

  • Date on Market: 11/14/2022

  • Last Updated:

  • Address: 1842 S Sycamore Ave, Los Angeles, CA 90019

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