Stunning Spanish Duplex w/ADU in Miracle Mile

1214 S Sycamore Ave. Los Angeles, CA 90019Offered at $2,450,000
Presenting 1214 S. Sycamore Ave, an absolutely stunning fully renovated Spanish duplex with a brand new constructed ADU. All 3 units completely vacant! A rare find in the sought-after Mid-Wilshire area known for its prime location and excellent schools. This triplex performs incredibly well for an investor or a savvy buyer who wishes to live in one unit or even as a whole family compound, with a cap rate of 5% and projected rents of $6,000 for the downstairs unit $6,500 for the upstairs unit and $2,500 for the ADU. The allure of the duplex units is underscored by their generous layout, 3-bedroom, 2-bath, each offering almost 1,900 SF of living space that mirrors the comfort and privacy of a single-family home. Both units underwent extensive renovation and restoration work in 2018, featuring meticulously refinished original oak wood flooring, new HVAC systems, foundation retrofitting, and full re-piping, all carried out with necessary permits. The kitchens have been beautifully remodeled to reflect a timeless and sophisticated look, featuring quartz countertops and Samsung appliances, while the bathrooms have been completely updated as well, each equipped with Toto toilets. The remodel also introduced two new Navien water heaters with recirculating pumps, a full electrical rewire with new subpanels, and exquisite handcrafted wooden windows, each element approved by the HPOZ committee. The living room and primary bedroom of the upper unit opens onto their own private terraces, providing secluded retreats. The 1-bedroom 1-bath ADU, drenched in sunlight from its wall of windows and skylights, features everything new from its quartz countertops and new flooring to the GE appliances, complemented by a new patio deck that extends the living space outdoors. The property's curb appeal is enhanced by fully new landscaping, featuring pet-friendly artificial turf (20 year warranty) and a newly paved driveway, completing the residence's transformation.1214 S. Sycamore offers a blend of luxury, tranquility, and historical charm, perfect for those who appreciate exceptional quality and a smart investment.
Listed by Dave Robles
Assisted by Nicole Schlueter
760.420.5181
[e-mail]
DRE #01778458 | Think Real Estate
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