1500 S Sycamore Avenue, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties

1500 S Sycamore Avenue, Los Angeles, CA 90019

$1,550,000 Approx. USD 8 beds, 4 baths
5,054 sqft

Listing Agent


Sean Rosenzweig | thesrgroup@marcusmillichap.com
Lic#: 01406343
Broker: Courtesy of Marcus & Millichap

Agent Remarks

We are pleased to offer for sale a four-unit apartment community located at 1500 S Sycamore Avenue. The subject property is located south of Pico Boulevard and west of La Brea Avenue. The subject property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, Mid-Wilshire, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 6,165 square foot parcel, the property is comprised of one two-bedroom unit and three three-bedroom units. The property has rental upside through unit renovations along with on-site parking for every unit.1500 S Sycamore Avenue offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 1500 S Sycamore Avenue an excellent acquisition opportunity. UNITS 1, 2 & 3 OPERATE AS 2BED/1BATH + DEN. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25520123
List price is $1,550,000 Reduced by $50,000 on 5/16/2025
Price: $1,550,000
Beds: 8
Baths: 4
Built in 1929
5,054 sqft
2 stories
0.14 acres
Lot size: 0.1416
County: Los Angeles
Zoning: LARD1.5
Parking description: None
MLS area: C16 - Mid Los Angeles

Last Updated: 5/16/2025

 Days On Market (DOM): 88

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.046449, -118.348395.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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