12007 Sylvester St
Los Angeles, CA 90066
5 Beds
3 Baths
2,441 Sq Ft
20 Days on Market
For Sale $1,395,000
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Courtesy of Compass

Listing Agent & Comments

D. Timothy ByrneCompass
805-975-3688tim.byrne@compass.com License #01186465
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.

MLS# 24468485 • Data provided by CRMLS
Additional home details
Living Area2,441 Sq.Ft.
Lot Size5,502 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms3
Stories2
Year Built1954
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$14,002
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,390,863
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and sale history
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HouseCanary, Inc. Brokerage

12007 Sylvester St., Los Angeles, CA 90066

Multifamily
5 Beds
3 Baths
2,441 Sq Ft
20 Days on Market

Listing Agent & Comments

D. Timothy ByrneCompass
805-975-3688tim.byrne@compass.com License #01186465
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.

MLS# 24468485 • Data provided by CRMLS
Additional home details
Living Area2,441 Sq.Ft.
Lot Size5,502 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms3
Stories2
Year Built1954
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$14,002
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,395,000
Request tour
Save
Courtesy of Compass
12007 Sylvester St
Los Angeles, CA 90066
5 Beds
3 Baths
2,441 Sq Ft
20 Days on Market

Listing Agent & Comments

D. Timothy ByrneCompass
805-975-3688tim.byrne@compass.com License #01186465
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.

MLS# 24468485 • Data provided by CRMLS
Additional home details
Living Area2,441 Sq.Ft.
Lot Size5,502 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms3
Stories2
Year Built1954
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$14,002
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,390,863
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,395,000
Request tour
Save
Courtesy of Compass