2720 S Sycamore Avenue, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath
2720 S Sycamore Avenue
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 2720 S Sycamore Avenue, Los Angeles, California 90016 is currently available with a list price of $1,300,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1932, this property is in a state of significant disrepair and requires substantial rehabilitation. Exterior images reveal boarded-up sections of the structure with OSB and unfinished window/wall framing, indicating major deferred maintenance or an abandoned renovation project. The listing's emphasis on 'approved plans' for unit conversion and a 'motivated seller' confirms that the property is a major fixer-upper requiring significant investment in structural and system components.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic West Adams Location
Situated in the high-demand West Adams neighborhood, the property offers exceptional proximity to Culver City, Santa Monica, Downtown LA, and the Expo Line, ensuring high rental demand.
- Immediate Value-Add Potential
The inclusion of approved plans to convert 1-bedroom units into 2-bedroom units provides a clear and immediate path to increasing the property's cap rate and overall market value.
- Versatile Unit Mix
With a combination of a large 3-bedroom main unit and a detached unit above the garage, the property appeals to a wide range of tenants, from families to single professionals.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1932, the property likely requires significant ongoing maintenance and potential upgrades to major systems like plumbing and electrical to meet modern standards.
- Low School Ratings
The local middle and high schools are rated poorly (2/10), which may limit the property's appeal to long-term family tenants and impact future resale value to owner-occupants.
- Construction Management Burden
Although plans are approved, the buyer must manage the actual conversion process, which involves navigating construction costs, contractor oversight, and potential vacancy during renovations.
About 2720 S Sycamore Avenue
Fourplex, income property located in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA, and Expo Line Station. The main structure consists of 3 br/2ba and two 1 br/1 baths. The additional structure has a 1br/1ba above garage/ storage. APPROVED PLANS to convert bottom units from 1br/1ba TO 2br/1ba. Seller is motivated!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1932
- Lot Size
- 4,812 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cienega Elementary School
Grades K-5 • 0.1 mi
Marvin Elementary School
Grades K-5 • 0.6 mi
Baldwin Hills Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,600 | 2,600 | 50% |
| Lot Size | 4,812 | 5,554 | 33% |
| Price | $1.30M | $1.30M | 50% |
| Price per sq ft | $500 | $455 | 67% |
| Built year | 1932 | 1944 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 379 | 221 | 0% |
Pricing History
Listed for Sale
Feb 20, 2025
$1,300,000
Initial Listing
Sold
Feb 26, 2015
$585,000
Public Record