2908 S Sycamore Avenue, Los Angeles, CA 90016
-
Listed Price :
$1,299,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1924
Property Description
A rare investment opportunity in one of LA’s most desirable neighborhoods. This 7,201 sq. ft. lot, zoned R3, offers tremendous potential for developers and investors to build a larger multi-unit project or expand the existing footprint (buyer to verify zoning and development guidelines).
The property currently includes four 1-bedroom, 1-bathroom units, each with private yard spaces and additional areas that may be repurposed or expanded. Tenants pay for all utilities except water, providing reliable income while planning future improvements.
Located in the heart of Mid-City, this property boasts unmatched convenience, close to retail, dining, and cultural hotspots. Its central location also ensures easy access to major freeways, public transit, and LA’s thriving job market.
For investors with a vision, the possibilities are abundant: build up, add units, or explore maximizing the lot’s value by converting the rear garages into ADUs for additional income (buyer to verify feasibility).
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Tile |
| Interior Information |
| Features |
Laminate Counters, All Bedrooms Down |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
2908 S Sycamore Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90016 |
| County |
Los Angeles |
| Listing Agent |
Jasaan Dabney DRE #01943549 |
| Courtesy Of |
Redfin Corporation |
| List Price |
$1,299,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
7,201 |
| Year Built |
1924 |
Listing information courtesy of: Jasaan Dabney, Redfin Corporation. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 21st, 2025 at 2:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
