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803 S Sycamore Ave 2 Unit Apartment Building Offered at $2,244,165 CAD at a 5.27% Cap Rate Los Angeles, CA 90036
Executive Summary
Rare duplex opportunity situated on an expansive 7,000+ square-foot corner lot in a highly desirable central Los Angeles location, just south of Wilshire Boulevard and one block east of La Brea Avenue. Offering more than 2,600 square feet of combined living space, the property features a vacant two-bedroom, two-bathroom residence and an occupied one-bedroom, one-bathroom unit ideal for an owner-user or investor. The spacious vacant unit is filled with natural light and features hardwood flooring throughout, generously sized rooms and an expansive kitchen with abundant cabinetry and workspace. The remodeled bathrooms are beautifully appointed with dark wood vanities and marble stone showers. Outside the property offers an exceptional amount of private backyard space with attractive tilework mature greenery surrounding much of the property for added privacy and a detached two-car garage. Ideally located near some of Los Angeles' best shopping, dining and entertainment, the property is also within walking distance of the Metro D Line, providing convenient connectivity throughout the city. A unique opportunity combining space, privacy, income potential and an outstanding central location.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$152,800
|
$58.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$152,800
|
$58.72
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$34,443
|
$13.24
|
| Net Operating Income |
$118,357
|
$45.49
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $152,800 |
| Annual Per SF | $58.72 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $152,800 |
| Annual Per SF | $58.72 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $34,443 |
| Annual Per SF | $13.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $118,357 |
| Annual Per SF | $45.49 |
Property Facts
| Price | $2,244,165 CAD | Property Type | Multifamily |
| Price Per Unit | $1,122,082 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,602 SF |
| Cap Rate | 5.27% | Average Occupancy | 50% |
| Sale Condition | High Vacancy Property | No. Stories | 1 |
| Gross Rent Multiplier | 14.68 | Year Built | 1923 |
| No. Units | 2 | Parking Ratio | 0.77/1,000 SF |
| Zoning | LAR2 | ||
| Price | $2,244,165 CAD |
| Price Per Unit | $1,122,082 CAD |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| Sale Condition | High Vacancy Property |
| Gross Rent Multiplier | 14.68 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 2,602 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | LAR2 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Oven
- Range
- Yard
- Den
- Dining Room
- Family Room
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5084-003-010 | Improvements Assessment | $384,685 CAD (2025) |
| Land Assessment | $1,801,883 CAD (2025) | Total Assessment | $2,186,568 CAD (2025) |
Property Taxes
Parcel Number
5084-003-010
Land Assessment
$1,801,883 CAD (2025)
Improvements Assessment
$384,685 CAD (2025)
Total Assessment
$2,186,568 CAD (2025)
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803 S Sycamore Ave
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