$ 3,795,000
1406 North Sycamore Avenue Los Angeles, CA 90028
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Listed by Elizabeth J. Maddox • Myunits.com Inc.
$ 3,795,000
Est. payment | /mo
6,428 SqFt
$ 3,795,000
Est. payment | /mo
6,428 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 6,428 sqft
Price per Sqft $590
MLS Listing ID BB-24027218
Style Modern
Year Built 2024
Lot Size 6,025 Sqft
Property Description
1406 N Sycamore is 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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Interior Features Balcony
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Laundry Dryer Included, In Kitchen, Washer Hookup, Washer Included
Exterior
Garage Attached Carport, Carport
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View City Lights
Building
Lot Description Landscaped
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424