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34503930
34503949

803 South Sycamore Avenue, Los Angeles, CA 90036 For Sale

AA
CA 02021835
$1,595,000
1 day on market
Updated 1 day ago

803 South Sycamore Avenue

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 2,602
Units 2
Occupancy 50%
Tenancy Vacant
Pro-Forma NOI $84,120
Price per SqFt $613
Year Built 1923
Buildings 1
Lot Size (SqFt) 7,024
Zoning LAR2
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.77
Investment Type Owner/User
Ground Lease No

50% Vacancy in Prime Location

Marketing description

Rare duplex opportunity situated on an expansive 7,000+ square-foot corner lot in a highly desirable central Los Angeles location, just south of Wilshire Boulevard and one block east of La Brea Avenue. Offering more than 2,600 square feet of combined living space, the property features a vacant two-bedroom, two-bathroom residence and an occupied one-bedroom, one-bathroom unit ideal for an owner-user or investor. The spacious vacant unit is filled with natural light and features hardwood flooring throughout, generously sized rooms and an expansive kitchen with abundant cabinetry and workspace. The remodeled bathrooms are beautifully appointed with dark wood vanities and marble stone showers. Outside the property offers an exceptional amount of private backyard space with attractive tilework mature greenery surrounding much of the property for added privacy and a detached two-car garage. Ideally located near some of Los Angeles' best shopping, dining and entertainment, the property is also within walking distance of the Metro D Line, providing convenient connectivity throughout the city. A unique opportunity combining space, privacy, income potential and an outstanding central location.

Investment highlights

Rare duplex opportunity situated on an expansive 7,000+ square-foot corner lot in a highly desirable central Los Angeles location, just south of Wilshire Boulevard and one block east of La Brea Avenue. Offering more than 2,600 square feet of combined living space, the property features a vacant two-bedroom, two-bathroom residence and an occupied one-bedroom, one-bathroom unit ideal for an owner-user or investor. The spacious vacant unit is filled with natural light and features hardwood flooring throughout, generously sized rooms and an expansive kitchen with abundant cabinetry and workspace. The remodeled bathrooms are beautifully appointed with dark wood vanities and marble stone showers. Outside the property offers an exceptional amount of private backyard space with attractive tilework mature greenery surrounding much of the property for added privacy and a detached two-car garage. Ideally located near some of Los Angeles' best shopping, dining and entertainment, the property is also within walking distance of the Metro D Line, providing convenient connectivity throughout the city. A unique opportunity combining space, privacy, income potential and an outstanding central location.

Listing Contacts

AA
CA 02021835

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Additional Information

Name
Amir Ahobim
License
02021835
Brokerage
Clear Cut Realty
Brokerage Phone
3102797567
Title
Broker of Record
Brokerage Address
275 South Beverly Drive #206, Beverly Hills, CA. 90212
Name
Amir Ahobim
License
02021835
Brokerage
Clear Cut Realty
Brokerage Phone
3102797567
Title
Broker
Brokerage Address
275 South Beverly Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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