724 S Sycamore Avenue, Los Angeles, CA 90036

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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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!

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Home facts

  • Year built:1957
  • Listing Id #:SB25146520
  • Added:44 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Living area:6,042 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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