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For sale
  • Listing Provided by: 

    George Wang DRE #01751924 310-347-1300,

    Harvest Realtors, Inc.

    $2,600,000

    724 S Sycamore Ave, Los Angeles, CA 90036

    --beds
    12baths
    6,042sqft
    : 
    Mixed Use
    Built in 1957
    -- sqft lot
    $2,546,900 Zestimate®
    $430/sqft
    $-- HOA

    What's special

    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!
    43 days
    on Zillow
    |
    125
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 07:54am

    Listing Provided by:

    George Wang DRE #01751924 310-347-1300,

    Harvest Realtors, Inc.

    Source: CRMLS,MLS#: SB25146520MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    We'll find a local expert to take you on a private tour of 724 S Sycamore Ave.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 12
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Built-in Features, Ceiling Fan(s), All Bedrooms Down
    • Flooring: Carpet, Vinyl
    • Doors: Panel Doors
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,042
    • Total interior livable area: 6,042 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,223 Square Feet
    • Features: 36-40 Units/Acre
    Details
    • Parcel number: 5507025008
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern,Traditional
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Frame, Copper Plumbing
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $430/sqft
    • Date on market: 7/1/2025
    • Listing terms: Cash to New Loan
    • Tenant pays: All Utilities
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