819 N Sycamore Avenue, Los Angeles, CA 90038
Property
Sold February 2024
Listing Agent: John Katnik (DRE #02002695) · Listing Office: BRC Advisors- BH · Bought with: John Katnik · BRC Advisors- BH · MLS #23325037 · Source: CRMLS
About this property
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 description from the February 2024 sale, as reported to CRMLS.
Sale history