1500 S Sycamore Ave, Los Angeles, CA 90019 - View 1
1500 S Sycamore Ave, Los Angeles, CA 90019 - View 2
1500 S Sycamore Ave, Los Angeles, CA 90019 - View 3

1500 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $1,483,000
Apr 2, 20255,054 sqft8 beds4 baths
Listed by: Sean Rosenzweig
License #: 01406343
Phone #: 213-943-1897
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25520123

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,628

TurboHome Estimated Value

$1,462,600

$289 sqft

High Valuation
$1,535,730
$304/sqft
Normal Valuation
$1,462,600
$289/sqft
Low Valuation
$1,389,470
$275/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$289/sqft$1,462,600

Neighborhood: Pico-Robertson

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Comparative Value

$1.17M

$1.48M

$1.55M

$1.93M

1946 S Harcourt Ave, Los Angeles, CA 90016

Sale Price: $1,170,000

Selected Comparable

5139 W 21st St, Los Angeles, CA 90016

Sale Price: $1,200,000

Selected Comparable

1500 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $1,483,000

Selected Comparable

1801 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $1,500,000

Selected Comparable

1500 S Sycamore Ave, Los Angeles, CA 90019

List Price: $1,550,000

Subject Property

1525 S Orange Grove Ave, Los Angeles, CA 90019

Sale Price: $1,927,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1500 S Sycamore Ave, Los Angeles, CA 90019

1500 S Sycamore Ave, Los Angeles, CA 90019

List: $1,550,000

Listed: 4/2/2025

Area:5,054 sqft
Price/sqft:$307
Beds:8
Baths:4
Year Built:
Lot Size:6,166

Comparable Properties

COMPARABLE
Choose comps
1500 S Sycamore Ave, Los Angeles, CA 90019

1500 S Sycamore Ave, Los Angeles, CA 90019

Sale: $1,483,000

7/16/20250.00 mi

Area:5,054 sqft
Price/sqft:$293
Beds:8
Baths:4
Year Built:
Weight:24.6%
5139 W 21st St, Los Angeles, CA 90016

5139 W 21st St, Los Angeles, CA 90016

Sale: $1,200,000

2/19/20250.54 mi

Area:5,770 sqft
Price/sqft:$208
Beds:8
Baths:4
Year Built:
Weight:19.7%
1801 S Sycamore Ave, Los Angeles, CA 90019

1801 S Sycamore Ave, Los Angeles, CA 90019

Sale: $1,500,000

12/30/20240.25 mi

Area:5,793 sqft
Price/sqft:$259
Beds:8
Baths:4
Year Built:
Weight:19.7%
1946 S Harcourt Ave, Los Angeles, CA 90016

1946 S Harcourt Ave, Los Angeles, CA 90016

Sale: $1,170,000

8/13/20240.65 mi

Area:4,348 sqft
Price/sqft:$269
Beds:8
Baths:4
Year Built:
Weight:18.5%
1525 S Orange Grove Ave, Los Angeles, CA 90019

1525 S Orange Grove Ave, Los Angeles, CA 90019

Sale: $1,927,500

11/20/20241.05 mi

Area:4,106 sqft
Price/sqft:$469
Beds:8
Baths:4
Year Built:
Weight:17.5%

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