Four-Unit Duplex
1202 S Sycamore Ave, Los Angeles, CA 90019
For Sale
New
$2,495,000
Two duplexes offer a mix of one-, two-, and three-bedroom residences in a central Mid City setting.
Property Size5,148 SF
Price / SF$484.65
Days on Market7
Property Features for 1202 S Sycamore Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
washer/dryer hook-ups
hardwood floors
Building Details
Building Size
Year Built
Listing Agency:
Miller & Desatnik Realty Co.
Listed By:
Carolyn Schneider · License #00881530
Source:
Benbelack
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miller & Desatnik Realty Co.
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Investment Insights
Based on property information with market context.
Built in 1925, this four-unit residential property comprises two duplexes, with one oriented toward Sycamore Avenue and the other toward 12th Street. The unit mix includes one three-bedroom, two-bath residence, two two-bedroom, one-bath residences, and one one-bedroom, one-bath residence. Interior features include hardwood floors and washer-dryer hookups.
The property occupies a corner lot in Los Angeles’ Mid City area, on a tree-lined street and near shopping and restaurants.
The property occupies a corner lot in Los Angeles’ Mid City area, on a tree-lined street and near shopping and restaurants.
Key Highlights
- Four units arranged as two duplexes
- Unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and one 1‑bedroom/1‑bath residence
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,903
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,798,060
$1.8M
Cap Rate 7%
$1,284,329
$1.3M
Cap Rate 9%
$998,922
$998.9K
Market Conditions
NOI Build-Up for 5,148 SF
Gross rent
$139.0K $27.00/SF
− Vacancy
−$10.6K −$2.05/SF
EGI
$128.4K $24.95/SF
− OpEx
−$38.5K −$7.48/SF
NOI
$89.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,798,060
Cap Rate 7%
$1,284,329
Cap Rate 9%
$998,922
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.50M
NOI $89,903 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$1.18M
$1.04M – $1.38M
NOI $82,835 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,455 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
5,005
Businesses Nearby
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Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two duplexes offer a mix of one-, two-, and three-bedroom residences in a central Mid City setting.
Where is this quadplex located?
The property is located at 1202 S Sycamore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Four units arranged as two duplexes; Unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and one 1‑bedroom/1‑bath residence; Built in 1925
