2268 W 14th Street, Los Angeles, CA 90006

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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2268 W 14th Street,Los Angeles, CA 90006
$5,650,000
  • 1 Beds
  • 47 Baths
  • 26,096 sq. ft.
  • Multi-family
  • Active
Listed by:neema ahadian
Office:marcus & millichap
MLS#:25517287
Source:CRMLS

Price summary

  • Price:$5,650,000
  • Price per sq. ft.:$216.51

About this home

We are excited to present Sylvester Apartments, a 47-unit multifamily investment opportunity in the heart of Pico-Union. Positioned between W Pico Blvd and Venice Blvd, this well-maintained property offers a compelling blend of strong in-place cash flow and value-add potential. The unit mix consists of 46 singles and one one-bedroom, currently operating at a 6.56% CAP rate and 7.90 GRM at the asking price, with an additional 16% rental upside as units turn. Adding to its appeal, the offering includes an adjacent 6,000 SF parking lot with 24 spaces, generating $2,500 in monthly income. Further upside may be possible with the potential for an additional ADU (Buyer to verify). Sylvester Apartments is separately metered for electricity and features an on-site community laundry room leased with Wash, offering four washers and four dryers. With a high Walk Score of 89, residents enjoy convenient access to Metro rail and bus lines, as well as major freeways, providing easy connectivity to

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Home facts

  • Year built:1928
  • Listing Id #:25517287
  • Added:144 day(s) ago
  • Updated:August 25, 2025 at 01:16 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:47
  • Living area:26,096 sq. ft.

Structure and exterior

  • Year built:1928
  • Building area:26,096 sq. ft.
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$5,650,000
  • Price per sq. ft.:$216.51
Based on information from California Regional Multiple Listing Service, Inc. as of August 25, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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