2720 S Sycamore Avenue, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath
ACTIVE$1,300,000
2720 S Sycamore Avenue, Los Angeles, California 90016
0Bed
0Bath
2,600Sqft
4,810Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: Fourplex property provides immediate rental income in a desirable West Adams location.
Top Cons:
Age: Property was built in 1932, which may require ongoing maintenance and potential upgrades.
Compared to the nearby listings
Price:$1.30M vs avg $1.30M (+$0)50%
Size:2,600 sqft vs avg 2,600 sqft50%
Price/sqft:$500 vs avg $45557%
More Insights
Built in 1932 (93 years old).
Condition: The property was built in 1932, indicating it's quite old. While the description mentions 'approved plans' for converting units, the existing state appears aged. The images show some signs of wear and tear, suggesting the need for updates. Given the age and visible condition, a 'fair' rating is appropriate, indicating it requires minor updates or repairs but is still functional.
Year Built
1932
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
PW24169968
Home ConditionFair
Features
View-
About this home
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!
Nearby schools
5/10
Cienega Elementary School
Public,•K-5•0.1mi
6/10
Marvin Elementary School
Public,•K-5•0.6mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.9mi
5/10
Virginia Road Elementary School
Public,•K-5•0.9mi
4/10
Alta Loma Elementary School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.8mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.9mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.8mi
2/10
Audubon Middle School
Public,•6-8•2.0mi
3/10
Daniel Webster Middle School
Public,•6-8•4.6mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.7mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
02/26/15
Sold
$585,000
Condition Rating
Fair
The property was built in 1932, indicating it's quite old. While the description mentions 'approved plans' for converting units, the existing state appears aged. The images show some signs of wear and tear, suggesting the need for updates. Given the age and visible condition, a 'fair' rating is appropriate, indicating it requires minor updates or repairs but is still functional.
Pros & Cons
Pros
Income Potential: Fourplex property provides immediate rental income in a desirable West Adams location.
Location: Excellent location with proximity to schools, freeways, Culver City, Santa Monica, Downtown LA, and the Expo Line.
Development Potential: Approved plans to convert bottom units from 1br/1ba to 2br/1ba, increasing potential rental income and property value.
Cons
Age: Property was built in 1932, which may require ongoing maintenance and potential upgrades.
Unit Configuration: Existing unit mix includes several 1-bedroom units, which may not maximize rental income compared to larger units (before planned conversion).