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Listed by Julio Bonilla • Keller Williams Pacific Estate
$1,400,000
Est. payment /mo
5,629 Sqft Lot
Active
1623 S Sycamore AVE Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25117533
Year Built 1945
Lot Size 5,629 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
RARE OPPORTUNITY IN THIS MIRACLE MILE ADJACENT PROPERTY OFFERING 2 VACANT UNITS! Ready to move in 3 Bedroom/2 Baths & 2 Bedroom/1 Bath. Discover this exceptional 4-unit income property at 1623 S. Sycamore Ave, offering a compelling investment proposition with immediate upside. Boasting a total of 7 bedrooms and 5 baths across 3,140 sqft of living space on a generous 5,627 sqft LARD 1.5 zoned lot, the possibilities are significant. Two units are currently vacant, providing an immediate opportunity for an owner-user to live in one unit while renovating the others, or for an investor to quickly bring units to market rates and maximize rental income. The LARD 1.5 zoning also presents intriguing development potential for savvy investors looking to explore additional density in a high-demand area. Located moments from world-class attractions, residents will enjoy easy access to The Grove, The Original Farmers Market and Los Angeles Los Angeles County Museum of Art. This vibrant location offers an unparalleled lifestyle with trendy dining, upscale shopping, and cultural landmarks at your fingertips
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Cooling None
Laundry 38
Exterior
Parking Features Off-Street Parking, Other
Garage Spaces 2.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5067002036
Special Listing Condition Not Applicable
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