$ 1,330,000
-
$1,330,000
Price -
7
Bed -
5
Bath -
3,140
SqFt
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About the Listing DWKWJ - YBONIJUL
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. Gross operating income was calculated using pro forma rents for the 2 vacant units plus the current rental amount for the rented units. Located moments from worldclass 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
Listing Highlights for 1623 Sycamore
Status
Active
Days on Site
33
Property Type
Multi-Family
MLS ®
DW25221600
Year Built
1945
Total Square Footage
3,140
Lot/Acreage
0.13
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Direct Garage Access,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5067002036
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
1623 Sycamore Los Angeles, CA 90019
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