819 Sycamore Avenue

Los Angeles, CA 90038

$2,900,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $731 / sqft

2022

calendar_month Built

Property Description

2022 construction Spanish style triplex in the Media District neighborhood in Fairfax! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom! All units are rented and provide strong and stable rental income. Offered at a 5.00% cap rate and at $731/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 3 bedroom units also includes a 2 car garage and 2 outdoor spaces. Each unit also enjoys in-unit laundry. Tenants pay all utilities! Fairfax is a very popular destination for renters as its in close proximity to some of the best restaurants and retail in LA! It is also in close proximity to many major employment hubs!

Listing Information

Close Price $2,900,000
Close Date Thursday, February 8th, 2024
Status Closed
MLS 23325037
Type Residential Income
Year Built 2022
Lot Size 8,157
Structure Size N/A
DOM 58
Courtesy Of BRC Advisors- BH
Listing Agent John Katnik DRE#02002695

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Vinyl
Fireplace Information
Features Electric, Living Room
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: John Katnik, BRC Advisors- BH . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2024 at 12:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.