1842 S Sycamore Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1842 S Sycamore Avenue,Los Angeles, CA 90019
$3,790,000
  • 24 Beds
  • - Baths
  • 6,623 sq. ft.
  • Multi-family
  • Active
Listed by: jennie martin
Office: compass
MLS#:CL26752733
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$3,790,000
  • Price per sq. ft.:$572.25

About this home

"Proven and Durable Income Stream" A rare opportunity to acquire a purpose-built, income-driven luxury fourplex in the heart of prime Mid-City Los Angeles. 1842-1844 S. Sycamore Avenue is a fully permitted, non-rent-controlled (not subject to RSO) asset offering exceptional scale, flexibility, and strong in-place performance, tailored to the sophisticated short-term rental investor. The short-term rental operation generates over $500,000 in gross annual income, supporting a market-leading 9.3 % cap rate and an estimated NOI of approximately $353,000, based on the current list price and a full operating expense assumption. This level of yield is exceptional for Los Angeles and difficult to replicate with traditional multifamily assets. For buyers evaluating a stabilized long-term rental strategy, the property also supports a projected NOI of approximately $231,000, representing an estimated 6.09 % cap rate based on projected market rents and standard operating expenses.Built in 2022,...

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Home facts

  • Year built:2022
  • Listing ID #:CL26752733
  • Added:37 day(s) ago
  • Updated:May 23, 2026 at 02:39 PM

Rooms and interior

  • Bedrooms:24
  • Living area:6,623 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:6,623 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$3,790,000
  • Price per sq. ft.:$572.25

Features and amenities

  • Laundry features:Dryer, Washer
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at May 23, 2026

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