Los Angeles, CA 90016,2908 S Sycamore AVE
Los Angeles, CA 90016,2908 S Sycamore AVE
Los Angeles, CA 90016,2908 S Sycamore AVE
Los Angeles, CA 90016,2908 S Sycamore AVE
Los Angeles, CA 90016,2908 S Sycamore AVE
Los Angeles, CA 90016,2908 S Sycamore AVE
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$ 1,299,000
Est. payment | /mo

7,200 Sqft Lot


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$ 1,299,000
Est. payment | /mo
Save

7,200 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25002856

HOA Y/N No

Year Built 1924

Lot Size 7,200 Sqft

Property Description

A rare investment opportunity in one of LA's most desirable neighborhoods. This 7,201 sq. ft. lot, zoned R3, offers tremendous potential for developers and investors to build a larger multi-unit project or expand the existing footprint (buyer to verify zoning and development guidelines).

The property currently includes four 1-bedroom, 1-bathroom units, each with private yard spaces and additional areas that may be repurposed or expanded. Tenants pay for all utilities except water, providing reliable income while planning future improvements.

Located in the heart of Mid-City, this property boasts unmatched convenience, close to retail, dining, and cultural hotspots. Its central location also ensures easy access to major freeways, public transit, and LA's thriving job market.

For investors with a vision, the possibilities are abundant: build up, add units, or explore maximizing the lot's value by converting the rear garages into ADUs for additional income (buyer to verify feasibility).

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Laminate Counters, All Bedrooms Down

Heating None

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Fence Average Condition, Cross Fenced

Pool None

Community Features Dog Park, Hiking, Park, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5049021046

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jasaan Dabney • Redfin Corporation • 310-350-3604
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2908 S Sycamore AVE