logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
5 Photos
icon
icon icon
12007 Sylvester Street
USD 1,395,000
Property ID: 24468485
icon
12007 Sylvester Street ,90066
icon --
icon 5500 SqFt
icon Built in 1954
icon USD 254/SqFt
icon 5 Beds
icon 3 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
5
Bathrooms
3
Interior Size
2441
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1954
See more icon
Detailed Introduction Of This Home
12007 Sylvester presents a prime real estate opportunity in the heart of Mar Vista, located two building in from the corner of Sylvester Street and Inglewood Blvd. This triplex located on a cul-de-sac features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is complemented by private outdoor spaces, including patios for the ground-floor units and a balcony for the second-story unit. The property also includes separate one-car garages, with additional parking available in front of each garage. Value-Add Opportunities - Rental Upside: The property is 100% occupied when a unit vacates rent can be adjusted to market rate. currently the rents at approximately 50% below market. With the ability to add an ADU unit, presents a strong income growth opportunity. Owner-Occupancy Potential: Ideal for buyers looking to occupy one unit while benefiting from rental income from the others. Development Possibilities: Zoned LARD3, the property offers multiple paths for redevelopment. For those looking to expand further, the two adjacent triplexes (12001 and 12013Sylvester) are also available for sale for $266/SF, enabling a combined 16,500-square-foot lot development. By right, this assemblage could yield 20 units, or up to 28 units with bonus density (buyer to verify with the City of Los Angeles). Conveniently located near Culver City, this property offers easy access to dining and entertainment on Washington Blvd and the vibrant Mar Vista Farmers Market on Grandview. Don't miss the chance to invest in one of West LA's most desirable neighborhoods.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
81818 Avenida Estuco
81818 Avenida Estuco
icon 81818 Avenida Estuco
7405 SqFt  / 3 Beds  / 2 Full Bas
USD 549,950
1521 dr Helen Drive
1521 dr Helen Drive
icon 1521 dr Helen Drive
7650 SqFt  / 4 Beds  / 2 Full Bas
USD 795,000
19927 Silvercrest Lane
19927 Silvercrest Lane
icon 19927 Silvercrest Lane
4792 SqFt  / 4 Beds  / 3 Full Bas
USD 684,900
31354 Lightfoot Way
31354 Lightfoot Way
icon 31354 Lightfoot Way
6040 SqFt  / 2 Beds  / 1 Full Bas
USD 313,999
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 5
album
album
album
album
album
Photos (5)
icon
icon
banner
12007 Sylvester Street
USD 1,395,000 5 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder