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917 S Sycamore Ave
Los Angeles, CA 90036
917 S Sycamore Ave, Los Angeles, CA 90036 · Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Delivered Vacant!
- Great Mid City / Mid Wilshire Miracle Mile location!
- Value Add Opportunity to remodel existing units and add ADU's!
EXECUTIVE SUMMARY
Vacant Miracle Mile Duplex with ADU & SB 9 Potential — Remodel, Add Units & Maximize Returns!
Welcome to 917 S Sycamore Ave, a classic 1920s duplex in the heart of Los Angeles’ highly desirable Mid-Wilshire / Miracle Mile neighborhood. Set on a generous 6,455 sq ft lot, this property offers two spacious side-by-side units totaling approximately 2,189 sq ft, each brimming with original character and architectural charm — the perfect canvas for a thoughtful remodel or modern upgrade.
?? Key Highlights:
Both units delivered vacant, giving investors and owner-users full flexibility to remodel and reposition for premium market-rate rents.
Value-add potential: Update interiors, kitchens, and baths to capture significant rental upside in one of LA’s strongest mid-city rental corridors.
ADU / SB 9 opportunity: The large lot and detached garage present an ideal setup for an Accessory Dwelling Unit (ADU) or potential SB 9 lot split, allowing additional income-producing units or a small-lot redevelopment (buyer to verify).
Prime central location — minutes from The Grove, LACMA, La Brea Tar Pits, West Hollywood, and the upcoming Metro Purple Line extension.
Classic details throughout: hardwood floors, formal dining rooms, large windows, and high ceilings.
Private backyard and detached two-car garage with ample off-street parking and expansion potential.
?? Investment Summary:
917 S Sycamore Ave represents a rare value-add opportunity to renovate two vacant units, maximize cash flow, and potentially add new units under current LA ADU and SB 9 guidelines. Whether you’re an investor seeking strong returns or an owner-occupant looking to offset your mortgage with rental income, this property offers the flexibility, location, and zoning to deliver long-term upside.
Property Details:
Property type: Duplex / Multi-Family (2 Units)
Building size: ± 2,189 sq ft
Lot size: ± 6,455 sq ft
Year built: 1923
Zoning: LAR2 (buyer to verify)
Both units currently vacant
Welcome to 917 S Sycamore Ave, a classic 1920s duplex in the heart of Los Angeles’ highly desirable Mid-Wilshire / Miracle Mile neighborhood. Set on a generous 6,455 sq ft lot, this property offers two spacious side-by-side units totaling approximately 2,189 sq ft, each brimming with original character and architectural charm — the perfect canvas for a thoughtful remodel or modern upgrade.
?? Key Highlights:
Both units delivered vacant, giving investors and owner-users full flexibility to remodel and reposition for premium market-rate rents.
Value-add potential: Update interiors, kitchens, and baths to capture significant rental upside in one of LA’s strongest mid-city rental corridors.
ADU / SB 9 opportunity: The large lot and detached garage present an ideal setup for an Accessory Dwelling Unit (ADU) or potential SB 9 lot split, allowing additional income-producing units or a small-lot redevelopment (buyer to verify).
Prime central location — minutes from The Grove, LACMA, La Brea Tar Pits, West Hollywood, and the upcoming Metro Purple Line extension.
Classic details throughout: hardwood floors, formal dining rooms, large windows, and high ceilings.
Private backyard and detached two-car garage with ample off-street parking and expansion potential.
?? Investment Summary:
917 S Sycamore Ave represents a rare value-add opportunity to renovate two vacant units, maximize cash flow, and potentially add new units under current LA ADU and SB 9 guidelines. Whether you’re an investor seeking strong returns or an owner-occupant looking to offset your mortgage with rental income, this property offers the flexibility, location, and zoning to deliver long-term upside.
Property Details:
Property type: Duplex / Multi-Family (2 Units)
Building size: ± 2,189 sq ft
Lot size: ± 6,455 sq ft
Year built: 1923
Zoning: LAR2 (buyer to verify)
Both units currently vacant
PROPERTY FACTS In Escrow
| Price Per Unit | $890,714 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,189 SF |
| Cap Rate | 2.82% | No. Stories | 1 |
| Gross Rent Multiplier | 19.98 | Year Built | 1923 |
| No. Units | 2 | ||
| Zoning | LAR2 | ||
| Price Per Unit | $890,714 CAD |
| Sale Type | Investment |
| Cap Rate | 2.82% |
| Gross Rent Multiplier | 19.98 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,189 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | LAR2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $4,883 CAD | - |
| 1+1 | 1 | $4,058 CAD | - |
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