2268 W 14th Street

Los Angeles, CA 90006

  • 1 Bed(s)
  • 0 Bath(s)
  • 26,096 Sqft
  • 13500
    Sqft(Lot)
$5,650,000

Description

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 downtown la, koreatown, westlake, and mid-city. additionally, the property is just half a mile from loyola high school, enhancing its desirability for long-term tenancy in this dense, infill los angeles location.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49222704

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Property Details

  • Bedroom Information

    • Total Bedrooms : 1

    Bathroom Information

    • Total Baths: 47
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

  • Building Information

    • Year Built: 1928
    • Building Area Total: 26,096

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3099
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 13500

  • Listing Price Information

    • Original List Price: 5,650,000
    • Listing Contract Date: 2025-03-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5056005015

  • Garage and Parking

    • Garage Description: Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Directions: Corner of Orchard Ave & 14th St
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Property Age: 97
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 26096
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 05/22/2025 @ 11:54

  • MLS: 25517287
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 1 bedrooms which is for sale, it has 26,096 sqft, 13,500 sized lot, and 0 parking. are nearby neighborhoods.