Investment Opportunity: Multifamily Property in LA's Financial District First Time on the Market in 20 Years! Unlock tremendous potential with this multifamily property situated in the heart of LA's Financial District, just steps away from the future subway station. Currently, rents are about 30% below market, presenting a significant value-add opportunity for investors to boost cash flow and maximize returns. Key Features: Exceptional Value-Add Potential: Take advantage of below-market rents for significant immediate upside. Prime Location: In the vibrant Miracle Mile, with easy access to dining, entertainment, and transit. Diverse Unit Mix: Attract a wide range of tenants with various unit sizes and layouts. Well-Maintained: A solid investment foundation ready for your vision. Don’t miss this rare chance to invest in a property with great upside potential in a highly sought-after area. Contact us today to arrange a private showing!
MLS #
CRSB25146520
MLS Source
California Regional MLS
Days on Site
79
Kitchen
None
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Style
Contemporary, Traditional
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
724 S Sycamore Ave is a Residential Income in Los Angeles, CA 90036. This – square foot property sits on a 6,223 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,600,000 and was built in 1957.
This address can also be written as 724 S Sycamore Ave, Los Angeles, CA 90036.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 01, 2025. For the most current information, please contact George Wang, (866) 454-4878