See all 58 photos
Listed by Jasaan Dabney • Redfin Corporation
$1,299,000
Est. payment /mo
7,201 Sqft Lot
Active
2908 S Sycamore AVE Los Angeles, CA 90016
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25002856
Originating Board California Regional MLS
Year Built 1924
Lot Size 7,201 Sqft
Property Sub-Type Fourplex
Property Description
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).
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen None
Interior
Heating No Heating
Cooling Window / Wall Unit
Flooring Laminate
Laundry None
Exterior
Garage Spaces 2.0
Pool 31, None
View Local/Neighborhood
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 5049021046
Special Listing Condition Not Applicable

© 2025 MLSListings Inc. All rights reserved.