724 S Sycamore Avenue, Los Angeles, CA 90036
Local realty services provided by:ERA North Orange County Real Estate
724 S Sycamore Avenue,Los Angeles, CA 90036
$2,600,000
- - Beds
- - Baths
- 6,042 sq. ft.
- Multi-family
- Active
Listed by:george wang
Office:harvest realtors, inc.
MLS#:SB25146520
Source:CRMLS
Price summary
- Price:$2,600,000
- Price per sq. ft.:$430.32
About this home
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!
Contact an agent
Home facts
- Year built:1957
- Listing ID #:SB25146520
- Added:86 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:6,042 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Asphalt
- Year built:1957
- Building area:6,042 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,600,000
- Price per sq. ft.:$430.32
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