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$3,999,000
Listing Price14beds
14baths
1,386sqft
6,404sqft lot
1289 S Sycamore Ave, Los Angeles, CA 90019
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Premier NEW CONSTRUCTION 4-Unit Investment Opportunity in Miracle Mile! Discover 1289 S Sycamore Ave, the only NEW-CONSTRUCTION 4-plex north of Olympic , set on a serene, residential street. Unlike denser multi-family blocks; this property sits amid high-value single-family homes, boosting its appeal. This modern luxury property features four town homes two 4-bedroom, 3.5-bath (1,838 SF & 2,002 SF) and two 3-bedroom, 2.5-bath (1,419 SF each)designed for upscale tenants in a hot rental market, boasting a 6% CAP rate. Buyers can live in one and rent the others for income. Each unit offers entertaining-ready kitchens with FORNO appliances (gas ranges), quartz countertops, custom cabinetry, open-concept layouts, tile flooring, in-unit washer/dryers, private balconies, and lush yards for BBQs. Select 4-bedroom units showcase Downtown LA and Hollywood Sign views, while 3-bedroom units feature master suites with spa-inspired bathrooms and designer tiles. All utilities (water, gas, electric) are separately metered, and premium smart home/security suites include central hubs, video doorbells, and fingerprint locks. With a Walk Score of 75/100, residents enjoy proximity to LACMA, The Grove, and Metro lines. Offered as-is; buyers to verify details. Schedule your tour today!
Interior Details
1386
14
14
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6404
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
Stucco
N/A
Gable
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$790
$30,461
$19,251
--%
$49,712
2019
$790
$29,864
$18,874
--%
$48,738
2018
$705
$29,279
$18,504
--%
$47,783
2017
$693
$28,705
$18,142
--%
$46,847
2016
$661
$28,143
$17,787
--%
$45,930
2014
$666
$27,178
$17,177
--%
$44,355
2013
$660
$27,056
$17,100
--%
$44,156
2012
$656
$26,526
$16,765
--%
$43,291
Average Home Price in 90019
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


