Los Angeles, CA 90066,12013 Sylvester St
Los Angeles, CA 90066,12013 Sylvester St
Los Angeles, CA 90066,12013 Sylvester St
6
$1,305,000
$1,395,000
6.5%
Est.Price: ?

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5 BD
3 BA
2,441 SqFt

12013 Sylvester St Los Angeles, CA 90066

Est. payment /mo
SOLD DATE : 04/02/2025

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Key Details

Sold Price $1,305,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,441 sqft

Price per Sqft $534

MLS Listing ID 24-468443

Sold Date 04/02/25

Bedrooms 5

Year Built 1954

Lot Size 5,502 Sqft

Acres 0.1263

Property Sub-Type Multi-Family

Property Description

12013 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. 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.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Garage - 3 Car

Building

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Keller Williams Studio City

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agent

Dallas Baker

+1(424) 243-7444

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