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!
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!
Property Details
Price:
$2,600,000
MLS #:
SB25146520
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c17midwilshire
Listed Date:
Jun 30, 2025
Lot Size:
6,223 sqft / 0.14 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Appliances
None
Cooling
Wall/Window Unit(s)
Flooring
Carpet, Vinyl
Heating
Wall Furnace
Laundry Features
Community
Exterior
Architectural Style
Modern, Traditional
Community Features
Sidewalks, Storm Drains, Street Lights, Suburban
Construction Materials
Frame
Parking Features
Assigned
Parking Spots
0.00
Roof
Asphalt
Financial
Map
Community
- Address724 S Sycamore Avenue Los Angeles CA
- NeighborhoodC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90036
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
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
- 724 S Sycamore Avenue Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90036. It is listed for $2,600,000
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Courtesy of Harvest Realtors, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.724 S Sycamore Avenue
Los Angeles, CA