Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

1,674 sqft

Lot size

4,801 sqft

Year built

1924

Stories

0

Style

Traditional

Heating

Wall Furnace

Pool

None

View

None

Status

Active

Days on market

100

MLS #

241552361

About this property

Located in the westerly part West Adams, nearby Culver City and all the amenities along Adams Blvd. This updated triplex is made of two front 1 bed/1 bath units and a back 2/1, all of which are getting respectable rents. The property underwent a comprehensive 2016 renovation with selective 2025 interior refreshes. In addition to its fast-appreciating location, the property features a ready-to-issue permit for two new 2 bed/1 bath ADU units, offering massive upside. Upgrades include plumbing (including the main sewer line), electrical, energy-efficient windows, and tankless water heaters. Perfectly positioned near the LA Brea Expo Station, the neighborhood's burgeoning retail and dining scene, and the Whole Foods at Cumulus. This asset represents a premier "buy and hold" opportunity for an investor or owner-occupant with major upside.

Location

2821 S Sycamore Avenue

Los Angeles, Los Angeles, CA, 90016