
4 Units in Mid-City | 1500 S Sycamore Ave
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4 Units in Mid-City 1500 S Sycamore Ave Immeuble residentiel 4 lots 1 406 880 € (351 720 €/Lot) Taux de capitalisation 5,89 % Los Angeles, CA 90019



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Long term ownership - property has been owned for over 10 years, offering a rare acquisition opportunity
- Surrounded by desirable neighborhoods such as Mid- Wilshire, Miracle Mile, Carthay Square, Pico-Robertson, Mid-City is becoming a compelling value-pro
- There is 14 percent remaining rental upside through interior renovations
- The property is being offered at an attractive cap rate of 5.89%
- Located in close proximity to world-class shopping, vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms & employment, & more
- New ownership has potential to add accessory dwelling units (ADU) to the property allowing for added future growth and appreciation potential – buyer
RÉSUMÉ ANALYTIQUE
The SR Group of Marcus & Millichap, as the exclusive listing agent, is 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.
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.
INFORMATIONS SUR L’IMMEUBLE
Prix | 1 406 880 € | Classe d’immeuble | C |
Prix par lot | 351 720 € | Surface du lot | 0,06 ha |
Type de vente | Investissement | Surface de l’immeuble | 470 m² |
Taux de capitalisation | 5,89 % | Nb d’étages | 2 |
Multiplicateur du loyer brut | 12.08 | Année de construction | 1929 |
Nb de lots | 4 | Ratio de stationnement | 0,07/1 000 m² |
Type de bien | Immeuble residentiel | Zonage | LARD1.5 - RESTRICTED DENSITY MULTIPLE DWELLING ZONE |
Sous-type de bien | Appartement |
Prix | 1 406 880 € |
Prix par lot | 351 720 € |
Type de vente | Investissement |
Taux de capitalisation | 5,89 % |
Multiplicateur du loyer brut | 12.08 |
Nb de lots | 4 |
Type de bien | Immeuble residentiel |
Sous-type de bien | Appartement |
Classe d’immeuble | C |
Surface du lot | 0,06 ha |
Surface de l’immeuble | 470 m² |
Nb d’étages | 2 |
Année de construction | 1929 |
Ratio de stationnement | 0,07/1 000 m² |
Zonage | LARD1.5 - RESTRICTED DENSITY MULTIPLE DWELLING ZONE |
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
2+1 | 4 | - | - |
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Walk Score®
Très praticable à pied (89)
Bike Score®
Très praticable en vélo (83)
TAXES FONCIÈRES
Numéro de parcelle | 5070-017-014 | Évaluation des aménagements | 248 133 € |
Évaluation du terrain | 702 992 € | Évaluation totale | 951 125 € |
TAXES FONCIÈRES
Numéro de parcelle
5070-017-014
Évaluation du terrain
702 992 €
Évaluation des aménagements
248 133 €
Évaluation totale
951 125 €
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4 Units in Mid-City | 1500 S Sycamore Ave
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