2908 S Sycamore AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25002856
HOA Y/N No
Year Built 1924
Lot Size 7,200 Sqft
Property Description
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).
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Laminate Counters,All Bedrooms Down
Heating None
Cooling Wall/Window Unit(s)
Flooring Laminate,Tile
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Fence Average Condition,Cross Fenced
Pool None
Community Features Dog Park,Hiking,Park,Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Shingle
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard,Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5049021046
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard