Description

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!