2268 W 14th Street
Los Angeles, CA, 90006
$5,650,000
Beds
0 Baths
SqFt
0.31 Acres
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MLS #25517287 image #0
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 Details

Price:
$5,650,000
MLS #:
25517287
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c16midlosangeles
Listed Date:
Mar 1, 2025
Lot Size:
13,500 sqft / 0.31 acres (approx)
Year Built:
1928
C16midlosangeles

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Interior

Cooling
None
Heating
None

Exterior

Parking Features
Uncovered
Parking Spots
24.00

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Community

Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    2268 W 14th Street Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90006. It is listed for $5,650,000

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