2908 S Sycamore Avenue
Los Angeles, CA 90016
- – beds
- – baths
- – sqft
- 7,201 sqft lot
- 1924 build
- – on site
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).
Last checked:
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Last updated Jan 22, 2025
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MLS# SB25002856 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1924
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Year Built Source:Other
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New Construction:No
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Building Area Total:2008.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Roof:Shingle
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:4
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# of Separate Electric Meters:4
Interior
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Features:Formica Counters
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Levels:One
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Entry Location:1
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Flooring:Laminate, Tile
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Room Type:All Bedrooms Down, Kitchen, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:None
Location
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Directions:Near S Sycamore Ave & Roseland St
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Latitude:34.02746600
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Longitude:-118.35593100
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LARD1.5
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Lot Features:Back Yard, Front Yard
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Lot Size Area:7201.0000
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Lot Size Acres:0.1653
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Lot Size SqFt:7201.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Average Condition, Cross Fenced
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Fence:Yes
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2198.00
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Tax Tract:6710
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Tax Lot:159
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5049021046
Heating & Cooling
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Heating:None
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:None
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Included:No
The Community
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Features:Dog Park, Hiking, Park, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking Spaces:2.00
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Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/20/25
Jan 20, 2025
|
Listed / Active | CRMLS_CA | $1,299,000 | |
|
7/12/24
Jul 12, 2024
|
Price Changed | BRIDGE | ||
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5/20/24
May 20, 2024
|
Listed / Active | BRIDGE |
