15

0

1406 N Sycamore Avenue
Los Angeles, CA 90028

Residential Multi Family (Quadruplex)

0.14 Acres
6428 Sqft Living Area

15 Bedrooms

15 Bathrooms (13 Full, 2 Half)

Year Built: 2024

$3,795,000

Favorites

Property Description

The 2-4 Unit Specialists are pleased to present 1406 N Sycamor, an ultra-premium non-rent-controlled new construction fourplex located in A+++ Hollywood proper, just steps from the iconic Hollywood Blvd! This pre-CofO QUALIFIED OPPORTUNITY ZONE fourplex boasts a 6.02% projected cap rate and is ready to close now: a dream come true for 1031 exchange and opportunity zone buyers! CofO has not been received yet, allowing time for an opportunity zone closing. 1406 N Sycamore is made up of three large 4-bedroom tri-level townhome style units and one 3-bedroom tri-level townhome style unit. The property boasts 8 carport parking spots. The excellent location, paired with the upscale modern units, and sprawling balcony view makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, modern glossy cabinets, high ceilings, huge closets, balconies off the living space and bedrooms, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

Join The Conversation

Notify of

Comments

Contact Details

Name: Elizabeth Maddox

Email: elizabeth@myunits.com

MLS Listing Id: BB24027218

Agent Phone: (818) 850-8485

List Agent License: 01921425

Office Name: Myunits.com Inc.

Office Phone: (818) 859-7242

Office MLS Id: BH5345657

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/1406-N-Sycamore-Ave_Los-Angeles_CA_90028_M27207-33501?f=listhub&s=MRMLSCA&m=BB24027218&c=openhousinc

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.