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$1,400,000   Price Analysis
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2908 S Sycamore Ave
Los Angeles, CA 90016
4 bed 4 bath 2,008 SqFt ($697/SqFt)
7,201SqFt lot.
Listed 2024-05-20, Taxes $4,864
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Possible for all units to be delivered vacant!

Exceptional fourplex opportunity for developers, owner users and investors looking to add value. All units are bungalow style with their own individual yard spaces and some units have additional space that could be used as secnd bedrooms.

Tenants pay for all utilities except water, some units also have in unit washer/dryer. Additional income potential converting rear garages to ADU's.


Presented by Richard Schulman at
KW Advisors.
Listing Agent Photo

Property MLS #24-392089 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Wall

Lot Size Acres: 0.1653122
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7201

Garage Description: Garage, Uncovered, On street

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1600, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1600, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1600, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1600

Source Listing Status: Active
County: Los Angeles
Directions: West of La Brea Ave, South of West Adams Blvd
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5049-021-046
Postal Code Plus 4: 3414
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$173,363 + $202,122
$375,485
$4,864
2021$169,964 + $198,159
$368,123
$4,796
2020$168,222 + $196,128
$364,350
$4,840
2019$164,924 + $192,283
$357,207
$4,662
2018$161,691 + $188,513
$350,204
$4,550
2017$71,812 + $150,723
$222,535
$3,017
2016$70,404 + $147,768
$218,172
$2,932
2015$69,347 + $145,549
$214,896
$2,893
2014$67,989 + $142,698
$210,687
$2,932
2013$67,682 + $142,054
$209,736
$2,926
2012$66,355 + $139,269
$205,624
$2,963
2010$65,054 + $136,539
$201,593
$1,949
2009$40,055 + $90,941
$130,996
$1,880
2009$39,960 + $90,725
$130,685
$1,880
2008$39,270 + $89,158
$128,428
$1,812
2007$38,500 + $87,410
$125,910
$1,751

Price Changed 2024-07-12
$1,400,000
TheMLSCLAW
Listed 2024-05-20
$1,499,000
TheMLSCLAW
Sold 1980-09-23
$77,500
Public Record
Sold 1964-06-15
$23,000
Public Record

Net Operating Income: 49513

Total Square Feet Living: 2008
Levels: Multi Levels
Living Area Source: Vendor Enhanced

Other Equipment: Ceiling Fan, Microwave, Washer, Dryer

Cienega Elementary School is a public elementary school located approximately 0.4 miles away.
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Susan Miller Dorsey Senior High School is a public high school located approximately 0.6 miles away.
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Audubon Middle School is a public middle school located approximately 2 miles away.
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Alpha Pre & Elementary School is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.