$2,600,000

724 S Sycamore Avenue, Los Angeles, CA 90036

6,042 sqft

other
Built in 1957
6,098sqft lot
—— car garage
$430/sqft
Listed 4 months ago

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. Donâ€™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!

Listing Status:: Active
Date Added:: July 1, 2025 at 05:00AM
Listing Office:: Harvest Realtors, Inc. : 866-454-4878
Listing Agent:: George Wang : 866-454-4878
MLS ID:: CRSB25146520

Laundry: Common Area
Flooring: VinylCarpet
A/C: Wall/Window Unit(s)
Heating: Wall Furnace

Parking: Assigned

General: Other

County: Los Angeles

Zoning: LAR25507025008
View: None

This listing courtesy of George Wang, Harvest Realtors, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Wilshire Crest Elementary

5241 W Olympic Blvd, Los Angeles, CA, 90036

Grades KG-5

0.27 miles away

John Burroughs Middle School

600 S McCadden Pl, Los Angeles, CA, 90005

Grades 6-8

0.40 miles away

Los Angeles High School

4650 W Olympic Blvd, Los Angeles, CA, 90019

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.