Los Angeles, CA 90036,724 South Sycamore Avenue
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Los Angeles, CA 90036,724 South Sycamore Avenue
Los Angeles, CA 90036,724 South Sycamore Avenue
Los Angeles, CA 90036,724 South Sycamore Avenue
Los Angeles, CA 90036,724 South Sycamore Avenue
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Listed by George Wang • Harvest Realtors, Inc.
$ 2,600,000
Est. payment /mo
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Active

724 South Sycamore Avenue Los Angeles, CA 90036

6,042 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 6,042 sqft

Price per Sqft $430

MLS Listing ID SB-25146520

Style Modern,Traditional

Year Built 1957

Lot Size 6,223 Sqft

Property Sub-Type Commercial/Residential

Property Description

Investment Opportunity: Multifamily Property in LA's Financial District First Time on the Market in 20 Years! Unlock tremendous potential with this multifamily property situated in the heart of LA's Financial District, just steps away from the future subway station. Currently, rents are about 30% below market, presenting a significant value-add opportunity for investors to boost cash flow and maximize returns. Key Features: Exceptional Value-Add Potential: Take advantage of below-market rents for significant immediate upside. Prime Location: In the vibrant Miracle Mile, with easy access to dining, entertainment, and transit. Diverse Unit Mix: Attract a wide range of tenants with various unit sizes and layouts. Well-Maintained: A solid investment foundation ready for your vision. Don't miss this rare chance to invest in a property with great upside potential in a highly sought-after area. Contact us today to arrange a private showing!

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR2

Interior

Interior Features Copper Plumbing Full, Ceiling Fan(s), Built-In Features

Heating Wall Furnace

Flooring Carpet, Vinyl

Fireplaces Type None

Laundry Community

Exterior

Parking Features Assigned

Pool None

Community Features Sidewalks, Storm Drains, Street Lights, Suburban

Utilities Available Sewer Connected, Water Connected, Cable Available, Phone Available

View Y/N No

View None

Building

Lot Description 36-40 Units/Acre

Sewer Public Sewer


agent

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

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724 South Sycamore Avenue