1271 S Sycamore Ave - Apartments FOR SALE


Los Angeles, CA 90019- Mid-City
$2,545,000 USD
310-259-7556
1271 S Sycamore Ave, Los Angeles, CA for Sale
$2,545,000 USD
Apartments - FOR SALE
1/19
null | 4.28% Cap Rate

1271 S Sycamore Ave
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Brand new 4plex with (1) 3Bed+2Bath units delivered vacant - ideal for owner/user
  • All units have brand new hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, bathroom fixtures and washer/dryer i
  • Unit mix of (2) 3Bed/2Bath and (2) 2Bed/1Bath units with ADU potential for added income
  • Own in one of the best pockets in Los Angeles - many amenities are conveniently located nearby

OVERVIEW

1271 S Sycamore Ave is a brand new remodeled 4plex located in the Mid-Wilshire pocket of Los Angeles. All units feature new hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, modern bathroom fixtures, and washer/dryer in units. Beneficial to the new owner, the roof and plumbing is also new, offering extremely low maintenance. One of the 3Bed/2Bath units is currently vacant, ideal for owner/user! The unit mix is comprised of (2) 3Bed/2Bath and (2) 2Bed/1Bath units with an opportunity to add an ADU for additional income. Two 3Bed/2Bath units are located in the front, and (2) 2Bed/2Bath units are located in the rear. There are 4 private garages with storage space and room for guests to park their vehicles in front of the garages. The subject property is conveniently located in between Mid-Wilshire, Culver City and Downtown LA. This is the ideal situation for an owner/user or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer.

FOR SALE DETAILS

PRICE

$2,545,000 USD

PRICE/SF

$701 USD /SF

# OF UNITS

4

PRICE/UNIT

$636,250

CAP RATE

4.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,403 SF

ZONING

LAR2

APN/PARCEL ID

5070-005-022

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.