2908 S Sycamore Avenue
Los Angeles, CA, 90016
$1,299,000
Beds
0 Baths
SqFt
0.17 Acres
Add
A rare investment opportunity in one of LA’s most desirable neighborhoods. This 7,201 sq. ft. lot, zoned R3, offers tremendous potential for developers and investors to build a larger multi-unit project or expand the existing footprint (buyer to verify zoning and development guidelines).

The property currently includes four 1-bedroom, 1-bathroom units, each with private yard spaces and additional areas that may be repurposed or expanded. Tenants pay for all utilities except water, providing reliable income while planning future improvements.

Located in the heart of Mid-City, this property boasts unmatched convenience, close to retail, dining, and cultural hotspots. Its central location also ensures easy access to major freeways, public transit, and LA’s thriving job market.

For investors with a vision, the possibilities are abundant: build up, add units, or explore maximizing the lot’s value by converting the rear garages into ADUs for additional income (buyer to verify feasibility).

Property Details

Price:
$1,299,000
MLS #:
SB25002856
Status:
Active
Baths:
0
Address:
2908 S Sycamore Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 20, 2025
State:
CA
ZIP:
90016
Lot Size:
7,201 sqft / 0.17 acres (approx)
Year Built:
1924
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Schools

Interior

Appliances
None
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Laminate, Tile
Heating
None
Interior Features
Formica Counters

Exterior

Community Features
Dog Park, Hiking, Park, Sidewalks
Fencing
Average Condition, Cross Fenced
Garage Spaces
0.00
Lot Features
Back Yard, Front Yard
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas

Map

Community

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