1842 S Sycamore Avenue, Los Angeles, CA 90019

Local realty services provided by:ERA North Orange County Real Estate
1842 S Sycamore Avenue,Los Angeles, CA 90019
$3,999,000
  • 24 Beds
  • 20 Baths
  • 6,623 sq. ft.
  • Multi-family
  • Active
Listed by: jennie martin
Office: compass
MLS#:26636697
Source:CRMLS

Price summary

  • Price:$3,999,000
  • Price per sq. ft.:$603.8

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 8.82% 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 5.77% 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 #:26636697
  • Added:28 day(s) ago
  • Updated:February 16, 2026 at 02:31 PM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:20
  • Living area:6,623 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

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

Finances and disclosures

  • Price:$3,999,000
  • Price per sq. ft.:$603.8
Based on information from California Regional Multiple Listing Service, Inc. as of February 16, 2026 . 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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