Los Angeles, CA 90028,1406 N Sycamore Avenue
Los Angeles, CA 90028,1406 N Sycamore Avenue
Los Angeles, CA 90028,1406 N Sycamore Avenue
$3,699,000
Est. payment /mo
$3,795,000
2.5%
Est.Price: ?

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15 Beds
15 Baths
6,025 Sqft Lot
SOLD DATE : 04/12/2024

Key Details

Sold Price $3,699,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB24027218

Sold Date 04/12/24

Bedrooms 15

HOA Y/N No

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 builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.
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 builders 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

Area Los Angeles (90028)

Zoning Builder

Interior

Cooling Central Forced Air

Building

Lot Description Curbs, Sidewalks

Story 3

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $31

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Elizabeth Maddox • Myunits.com Inc.
Bought with NON LISTED AGENT • San Diego
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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