2101 S Sycamore Avenue, Los Angeles, CA 90016
Property
Sold December 2023
Listing Agent: Oron Maher (DRE #01299093) · Listing Office: Maher Commercial Realty · Contact: 310-464-1453 · Bought with: Oron Maher · Maher Commercial Realty · MLS #23309209 · Source: CRMLS
About this property
2101 S. Sycamore is a well-maintained and pride-of-ownership value-add fourplex, located in a prime Mid City/Mid Los Angeles neighborhood, surrounded by new construction and close proximity to hip retail and restaurant amenities. The subject building has 1 x 2 bed/1 bath units, and 3 x 1 bed/1 bath units. Some of the units have been updated. The 2-bedroom unit will be delivered vacant at close of escrow, making this a perfect owner-user house-hack property, or value-add investment. There is approximately 51% upside in rents. All units have their own washer and dryer. The property sits on the corner of S. Sycamore and W. 21st St on a large 6,418 square foot parcel zoned LARD2. The tenants benefit from a large, nicely landscaped front and side yard, private patio, private balconies, and four single car garages in the back accessed by an alley. The back garages present an excellent ADU conversion opportunity. This building has been well-maintained and has good bones. Excellent location in the heart of the Mid City neighborhood minutes from the 10 Freeway. Close to all the shopping and dining on Western Avenue. Only five miles from Exposition Park and the University of Southern California. Seven miles to downtown Los Angeles.
Listing description from the December 2023 sale, as reported to CRMLS.
Sale history