Los Angeles, CA 90036,724 S Sycamore Avenue
Los Angeles, CA 90036,724 S Sycamore Avenue
Los Angeles, CA 90036,724 S Sycamore Avenue
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Deeana Owens

Deeana Owens

Owens Real Estate Inc.

+1(678) 250-3471
Listed by George Wang • Harvest Realtors, Inc.
$2,600,000
Est. payment /mo
6,042 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,042 sqft

Price per Sqft $430

MLS Listing ID CRSB25146520

HOA Y/N No

Year Built 1957

Lot Size 6,223 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Carpet

Fireplace No

Laundry Common Area

Exterior

View None


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Bay East AOR and Contra Costa AOR

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agent

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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