724 S Sycamore Avenue
Los Angeles, CA, 90036
$2,600,000
Beds
0 Baths
SqFt
0.14 Acres
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Investment Opportunity: Multifamily Property in LA&#39's Financial District
First Time on the Market in 20 Years!
Unlock tremendous potential with this multifamily property situated in the heart of LA&#39'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
Address:
724 S Sycamore Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Jun 30, 2025
State:
CA
ZIP:
90036
Lot Size:
6,223 sqft / 0.14 acres (approx)
Year Built:
1957
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Schools

Interior

Appliances
None
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Vinyl
Heating
Wall Furnace
Interior Features
Built-in Features, Ceiling Fan(s), Copper Plumbing Full

Exterior

Community Features
Sidewalks, Storm Drains, Street Lights, Suburban
Electric
Electricity – On Property
Fencing
None
Garage Spaces
0.00
Lot Features
36-40 Units/ Acre
Parking Features
Assigned
Parking Spots
0.00
Pool Features
None
Roof
Asphalt
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
None
Water Source
Public

Financial

Tenant Pays
All Utilities
Utilities
Cable Available, Phone Available, Sewer Connected, Water Connected

Map

Community

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Rover IDX
724 S Sycamore Avenue
Los Angeles, CA