Los Angeles, CA 90036,724 S Sycamore AVE
Listed by George Wang • Harvest Realtors, Inc.
$2,600,000
Est. payment /mo
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6,223 Sqft Lot
New

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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agent

Michelle Rico

Agent | DRE# DRE# 02210817

+1(831) 406-2859

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724 S Sycamore AVE