- $2.6M Price
- 1 Bath
- .14 Acres
- 146 DOM
724 S Sycamore Avenue
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!
Essential Information
- MLS® #SB25146520
- Price$2,600,000
- Bathrooms1.00
- Acres0.14
- Year Built1957
- TypeResidential Income
- Sub-TypeMixed Use
- StyleModern, Traditional
- StatusActive
Community Information
- Address724 S Sycamore Avenue
- AreaC17 - Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90036
Amenities
- ParkingAssigned
- GaragesAssigned
- ViewNone
- PoolNone
Utilities
Cable Available, Phone Available, Sewer Connected, Water Connected
Interior
- InteriorCarpet, Vinyl
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- FireplacesNone
- # of Stories3
- StoriesThree Or More
Interior Features
Built-in Features, Ceiling Fan(s), All Bedrooms Down
Exterior
- ExteriorFrame, Copper Plumbing
- Lot DescriptionThirtySixToFortyUnitsAcre
- RoofAsphalt
- ConstructionFrame, Copper Plumbing
Additional Information
- Date ListedJune 30th, 2025
- Days on Market146
- ZoningLAR2
Listing Details
- AgentGeorge Wang
- OfficeHarvest Realtors, Inc.
George Wang, Harvest Realtors, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 24th, 2025 at 2:30am PST. 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.