Listed by George Wang • Harvest Realtors, Inc.
$2,600,000
Est. payment /mo
6,223 Sqft Lot
Active
724 S Sycamore AVE Los Angeles, CA 90036
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25146520
Style Contemporary,Traditional
Year Built 1957
Lot Size 6,223 Sqft
Source California Regional MLS
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
Rooms
Kitchen None
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Parking Features Assigned Spaces
Pool 31, None
View None
Roof Type 2
Building
Story Three or More Stories
Water District - Public
Architectural Style Contemporary, Traditional
Others
Tax ID 5507025008
Special Listing Condition Not Applicable
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