Los Angeles, CA 90036,724 S Sycamore AVE
Los Angeles, CA 90036,724 S Sycamore AVE
Los Angeles, CA 90036,724 S Sycamore AVE
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$2,600,000
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6,224 Sqft Lot
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724 S Sycamore AVE Los Angeles, CA 90036

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

The MyLAHomeSearch.com Team

+1(424) 242-8856

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25146520

HOA Y/N No

Year Built 1957

Lot Size 6,224 Sqft

Property Sub-Type Mixed Use

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 Built-in Features, Ceiling Fan(s), All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Fence None

Pool None

Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks

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

View Y/N No

View None

Roof Type Asphalt

Private Pool No

Building

Lot Description 36-40 Units/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern, Traditional

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5507025008

Energy Description 1219.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by George Wang Harvest Realtors, Inc. 310-347-1300

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agent

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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724 S Sycamore AVE