Active
2908 S Sycamore AVE
LOS ANGELES CA, 90016
$1,299,000
$646.91 per sqft
Active
4 Beds
4 Baths
2,008 sqft
Multi-family
Built in 1924
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).
SB25002856MR
MLSⓇ ID
January 20, 2025
Listed
February 24, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
4
Appliances
None
Laundry Description
None
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.17 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Mid Los Angeles
Days on Market
1
Garage
No
Parking Total
2
View
Yes
County
Los Angeles
Water Source
Public
Pool Features
None
Zoning
LARD1.5
Listed by Jasaan Dabney with Redfin Corporation
Listing Contact: 310-350-3604
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/24/2025