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Sold for $1,483,000 on 07/16/25
  • $1,483,000

    1500 S Sycamore Ave, Los Angeles, CA 90019

    8beds
    4baths
    5,054sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $1,468,000 Zestimate®
    $293/sqft
    $2,792 Estimated rent

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    $2,792/mo

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    $2,792/mo

    Rent Zestimate®

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    $9,269/mo

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    $9,269/mo

    Est. payment

    What's special

    We are pleased to offer for sale a four-unit apartment community located at 1500 S Sycamore Avenue. The subject property is located south of Pico Boulevard and west of La Brea Avenue. The subject property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, Mid-Wilshire, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 6,165 square foot parcel, the property is comprised of one two-bedroom unit and three three-bedroom units. The property has rental upside through unit renovations along with on-site parking for every unit.1500 S Sycamore Avenue offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 1500 S Sycamore Avenue an excellent acquisition opportunity. UNITS 1, 2 & 3 OPERATE AS 2BED/1BATH + DEN. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

    Zillow last checked: 8 hours ago

    Listing updated: July 22, 2025 at 02:51am

    Listed by:

    Sean Rosenzweig DRE # 01406343 310-513-3144,

    Marcus & Millichap 310-909-5500

    Bought with:

    Brandon Polley, DRE # 02022281

    Coldwell Banker Realty

    Source: CLAW,MLS#: 25520123MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 5,054
    • Total interior livable area: 5,054 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,168 sqft
    Details
    • Additional structures: None
    • Parcel number: 5070017014
    • Zoning: LARD1.5
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1929

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $1,468,000