Estados UnidosCaliforniaLos AngelesMid City1500 South Sycamore Avenue

1500 South Sycamore Avenue 1500 South Sycamore Avenue Los Angeles, California 90019 Estados Unidos

$1,550,000
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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...

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
8
Dormitorios
470 metros cuadrados
Interior
567 metros cuadrados
Exterior
Edificio Residencial
Tipo de inmueble
1929
Año de construcción
25520123
ID web
25520123
ID de MLS
Los Angeles Unified
Distrito escolar
50
días atrás

About 1500 South Sycamore Avenue

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.

Listing Courtesy of Sean Rosenzweig, Marcus & Millichap, 01406343, Active

ADDITIONAL INFORMATION

Number of Units
4
Listing Courtesy of Marcus & Millichap

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
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