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$1,483,000
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Property Description
We are 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.
Full Property Details
Full Property Details for 1500 S Sycamore Ave
General
- Sold For: $1,483,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25520123
- Added to Site: 291 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: South of Pico Boulevard & West of La Brea Avenue.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 5,054
- Sq. Ft. Source: Assessor
- Year Built: 1929
- Year Built Source: Assessor
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1416
- Lot Size: 6166
- Lot Size Source: Assessor
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $306.69
- Assessment Year: 1929
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5070-017-014
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Schools
Schools serving 1500 S Sycamore Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Saturn Street Elementary School 5360 Saturn Street, Los Angeles, CA 90019 | K-5 | 0.4 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 5.1 mi |
Los Angeles Senior High School 4650 West Olympic Boulevard, Los Angeles, CA 90019 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 S Sycamore Ave
Date
Details
Price
Change
Source
7/16/2025
Sold
$1,483,000
-4.32%
MLS
5/16/2025
Price Reduced
$1,550,000
-3.12%
MLS
4/02/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1500 S Sycamore Ave, Los Angeles, CA 90019 (MLS# 25520123) is a Multi-Family property that was sold at $1,483,000 on July 16, 2025. This property was sold by Brandon Polley from our Beverly Hills Office.Want to learn more about 1500 S Sycamore Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.


