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1283-1285 S Sycamore Ave
Los Angeles, CA 90019 Mid-City

Price Upon Request

Apartments For Sale  •  3,522 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,522 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1952
  • Zoning LAR2
60 Transit Score
91 Walk Score

Highlights

Current High Yield 6.5% Cap Rate | 12x GRM
New plumbing and drainage including to sewer
Refinished/new floors including vinyl and tiles
All six (6) units have been updated and remodeld
New Roof
One (1) unit delivered vacant upon close of escrow

Financial Summary (Actual)

Net Operating Income: $117,222 USD (2024)
Total Expenses: $31,290 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Fireplace
  • Microwave
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Heating
  • Smoke Free
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 8.3 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 9.5 mi
Bob Hope 24 min - 12.3 mi
Long Beach (Daugherty Field) 36 min - 26.0 mi