803 S Sycamore Ave - Multi-Family FOR SALE


Los Angeles, CA 90036- Miracle Mile
$1,595,000 USD
310-279-7567
803 S Sycamore Ave, Los Angeles, CA for Sale
$1,595,000 USD
Multi-Family - FOR SALE
1/31
null | 5.27% Cap Rate

803 S Sycamore Ave
Los Angeles, CA 90036
Miracle Mile


OVERVIEW

Rare duplex opportunity situated on an expansive 7,000+ square-foot corner lot in a highly desirable central Los Angeles location, just south of Wilshire Boulevard and one block east of La Brea Avenue. Offering more than 2,600 square feet of combined living space, the property features a vacant two-bedroom, two-bathroom residence and an occupied one-bedroom, one-bathroom unit ideal for an owner-user or investor. The spacious vacant unit is filled with natural light and features hardwood flooring throughout, generously sized rooms and an expansive kitchen with abundant cabinetry and workspace. The remodeled bathrooms are beautifully appointed with dark wood vanities and marble stone showers. Outside the property offers an exceptional amount of private backyard space with attractive tilework mature greenery surrounding much of the property for added privacy and a detached two-car garage. Ideally located near some of Los Angeles' best shopping, dining and entertainment, the property is also within walking distance of the Metro D Line, providing convenient connectivity throughout the city. A unique opportunity combining space, privacy, income potential and an outstanding central location.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$613 USD /SF

# OF UNITS

2

PRICE/UNIT

$797,500

CAP RATE

5.27%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,024 SF

ZONING

LAR2

APN/PARCEL ID

5084-003-010

ASK ABOUT THIS PROPERTY

Amir AhobimClear Cut RealtyMore Info
310-279-7567

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Amir AhobimClear Cut RealtyMore Info
310-279-7567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.