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Sold for $1,305,000 on 04/02/25
  • $1,305,000

    12013 Sylvester St, Los Angeles, CA 90066

    5beds
    3baths
    --sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $1,287,900 Zestimate®
    $--/sqft
    $4,546 Estimated rent

    What's special

    12013 Sylvester presents a prime real estate opportunity in the heart of Mar Vista, located two building in from the corner of Sylvester Street and Inglewood Blvd. This triplex located on a cul-de-sac features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is complemented by private outdoor spaces, including patios for the ground-floor units and a balcony for the second-story unit. The property also includes separate one-car garages, with additional parking available in front of each garage. Value-Add Opportunities - Rental Upside: The property is 100% occupied when a unit vacates rent can be adjusted to market rate. currently the rents at approximately 50% below market. With the ability to add an ADU unit, presents a strong income growth opportunity. Owner-Occupancy Potential: Ideal for buyers looking to occupy one unit while benefiting from rental income from the others. Development Possibilities: Zoned LARD3, the property offers multiple paths for redevelopment. Conveniently located near Culver City, this property offers easy access to dining and entertainment on Washington Blvd and the vibrant Mar Vista Farmers Market on Grandview. Don't miss the chance to invest in one of West LA's most desirable neighborhoods.

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 04:13am

    Listed by:

    D. Timothy Byrne DRE #01186465 310-801-3442,

    Compass

    Bought with:

    Lucas Gelb, DRE #02096576

    Keller Williams Studio City

    Source: SDMLS,MLS#: 24-468443MLS LogoOriginating MLS: Beverly Hills/Greater LA

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Wall/Gravity
    Cooling
    • N/K
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: 2 Story
    Lot
    • Size: 5,501 sqft
    Details
    • Parcel number: 4232004058
    • Zoning: LAR3
    • Zoning description: LAR3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1954

    Community & neighborhood

    Location
    • Region: Los Angeles
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,287,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,287,900