Los Angeles, CA 90019,1500 S Sycamore AVE

$1,483,000

Est. payment /mo

$1,550,000

4.3%
Est.Price: ?

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1500 S Sycamore AVE Los Angeles, CA 90019

8 Beds

4 Baths

5,054 SqFt

SOLD DATE : 07/16/2025

Key Details

Sold Price $1,483,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $293

MLS Listing ID 25520123

Sold Date 07/16/25

Bedrooms 8

HOA Y/N No

Year Built 1929

Lot Size 6,168 Sqft

Property Description

We are pleased to offer for sale a four-unit apartment community located at 1500 S Sycamore Avenue. The subject property is located south of Pico Boulevard and west of La Brea Avenue. The subject property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, Mid-Wilshire, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 6,165 square foot parcel, the property is comprised of one two-bedroom unit and three three-bedroom units. The property has rental upside through unit renovations along with on-site parking for every unit.1500 S Sycamore Avenue offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 1500 S Sycamore Avenue an excellent acquisition opportunity. UNITS 1, 2 & 3 OPERATE AS 2BED/1BATH + DEN. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5070017014

Special Listing Condition Standard

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CRMLS – RECore
Listed by Sean Rosenzweig Marcus & Millichap
Bought with Brandon Polley Coldwell Banker Realty
agent

Kyle Andrade

Realtor | Listing Specialist | 02136739 | License ID: 02136739

+1(951) 240-8338

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