Keller Williams Realty - Jeff Menendez Homes
1/58
Listed By: Redfin Corporation, 310-350-3604, Jasaan Dabney
Local Realty Services Provided By: Keller Williams Beverly Hills
Overview
What It'll Cost
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$1,299,000
2908 S Sycamore Avenue, Los Angeles, CA 90016
2,008 sq ft
.17 ac
$1,299,000

2908 S Sycamore Avenue, Los Angeles, CA 90016

Estimation provided by Keller Williams Realty Inc.
2,008 sq ft
.17 ac
Active
For Sale

Property Description

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).

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Property Size
2,008 sq ft
Year Built
1924
Days on Site
60 Days
HVAC
Wall/Window Unit(s)
Parking
2 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $1,299,000
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Price & Tax History

Date
Event
Price
01/20/2025
Listed
$1,299,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,083
(+4.49%)
$382,994
Land 206,164 + Additions 176,830
2022
$4,865
(+1.42%)
$368,123
Land 198,159 + Additions 169,964
2021
$4,797
(+2.87%)
$368,123
Land 198,159 + Additions 169,964
2019
$4,663
(+116,176.56%)
$364,350
Land 196,128 + Additions 168,222
2017
$4.01
$350,204
Land 150,723 + Additions 71,812
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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