$ 2,600,000
-
$2,600,000
Price -
0
Bed -
1
Bath -
6,042
SqFt
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About the Listing SB1294140 - sbwanggeo
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!
Listing Highlights for 724 S Sycamore Ave
Status
Active
Days on Site
67
Property Type
Multi-Family
MLS ®
SB25146520
Year Built
1957
Total Square Footage
6,042
Lot/Acreage
0.14
County
Los Angeles
Area
C17 - Mid-Wilshire
Interior Details
- Bedrooms: 0
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Built-in Features,Ceiling Fan(s),Copper Plumbing Full
- Water: Public
Exterior Details
- Lot Description: 36-40 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR2
- Roof: Asphalt
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5507025008
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
724 S Sycamore Ave Los Angeles, CA 90036
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