819 Sycamore Avenue, Los Angeles, CA 90038

Photo 1

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!


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Vinyl
Interior Information
Cooling Type Central Air

Listing Information

Address 819 Sycamore Avenue
City Los Angeles
State CA
Zip 90038
County Los Angeles
Listing Agent John Katnik DRE #02002695
Courtesy Of BRC Advisors- BH
Close Price $2,900,000
Status Closed
Type Residential Income
Structure Size N/A
Lot Size 8,157
Year Built 2022

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.