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

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