#24452509, Max Lee, Listing Office: Real Broker
![Onward Capital, Inc. MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
1614 S Sycamore Ave Los Angeles, CA 90019
Property details
About 1614 S Sycamore Ave
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.
Highlights
Summary
- MLS Number: 25486671
- MLS Name: CRMLS
- Office Name: Onward Capital, Inc.
- Office Phone: (310) 728-9969
- Listing Agent: Serena Shlomof
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of contemporary house](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1103146872/2003750293421.jpg?version=1737507663&width=640)
$3,995,000
1614 S Sycamore Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 08, 2023 | Home Sold | $1,000,000 |
Jul 18, 2017 | Home Sold | $900,000 |
Oct 26, 2006 | Home Sold | $580,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,000,000 | $12,273 |
2023 | $984,278 | $12,086 |
2022 | $964,980 | $11,527 |
2021 | $946,060 | $11,387 |
2020 | $936,360 | $11,047 |
2019 | $918,000 | $10,979 |
2018 | $900,000 | $8,119 |
2017 | $669,549 | $8,119 |
History based on county public records data.
Nearby schools
5
Saturn Street Elementary
Public District KG-5
0.4 mi
•5360 Saturn St
5
Alta Loma Elementary School
Public District KG-5
0.6 mi
•1745 Vineyard Ave
4
Stella Elementary Charter Academy
Public Charter KG-3
0.9 mi
•2636 S Mansfield Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,948. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1614 S Sycamore Ave
This home is located at 1614 S Sycamore Ave in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This 8,238 square foot home, which was built in 2025, sits on a 0.21 acre lot. Features: 16 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $3,995,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.