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1406 Sycamore Avenue
Los Angeles, CA 90028
Sold
1406 Sycamore Avenue
Los Angeles, CA 90028
Sold
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.
PROPERTY INFORMATION
| MLS # | BB24027218 | Lot Size | 6,025 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 3,795,000
Price Per SqFt: $ 590 |
DOM | 452 Days |
| Address | 1406 Sycamore Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 6,428 Sq. Ft. |
| Postal Code | 90028 | Garage | N/A |
| County | Los Angeles | Year Built | 2024 |
| Bed / Bath | 15 / 0 | Parking | 8 |
| Built In | 2024 | Status | Closed |
| Sold Date | 2024-04-12 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, In Kitchen, Washer Hookup, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Kitchen, Living Room |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Vinyl |
| InteriorFeatures Information | Balcony |
| EntryLocation | front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 95 (Walker's Paradise)
Transit Score: 65 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,048
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/28/2024 | Pending | $3,795,000 |
| 02/08/2024 | Listed | $3,795,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Elizabeth Maddox, Myunits.com Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
