143 N Sycamore Ave - Multi-Family FOR SALE


Los Angeles, CA 90036- Hancock Park
$4,250,000 USD
310-722-3161
143 N Sycamore Ave, Los Angeles, CA for Sale
$4,250,000 USD
Multi-Family - FOR SALE
1/14
null | 4.24% Cap Rate

143 N Sycamore Ave
Los Angeles, CA 90036
Hancock Park


HIGHLIGHTS

  • Walkable to Houses of Worship on Beverly Blvd and La Brea Blvd
  • Four large apartment residences (each with 3 BR and 2 BA). Ideal for Owner/Occupier or multi-generational family group.
  • Unit Mix: #143: 3 BR 2 BA $4,245 P/Mth; #145 3 BR 2 BA $6,500 P/Mth; #147 3 BR 2 BA $6,500 P/Mth; #149 3 BR 2 BA $4,228 P/Mth
  • Built in 1927 - Classic Hollywood Architecture with Spanish accents
  • Building Size: 7,672 SF Lot Size: 7,672 SF
  • Five garages on-site for Additional Income. ADU/Additional unit(s) potential with a conversion of the garages.

OVERVIEW

Rare Opportunity! First time on-market in more than EIGHTY YEARS! A must-have for investors seeking a high-income property in a desirable neighborhood. Perfect for owner/occupier or multi-generational family group (two large 3 bedroom, 2 bathroom residences to be delivered vacant at close of escrow). Built in 1927 and meticulously maintained since by just a few owners, 143 N Sycamore Ave is a fine example of what is now considered classic Hollywood architecture, typical of the earlier years of the Golden Age of Hollywood when apartment homes frequently featured Spanish-accents and arched front windows. Four spacious, 3 Bedroom apartment residences, each with two bathrooms, occupy two stories and a total of 7,672 sf. 143 N Sycamore Ave has a 7,503 sf lot on a beautiful tree-lined street. All just steps from shops, restaurants, and places of worship. Five Garages are located on-site to accommodate residents' parking (garages could be converted to ADUs).

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$554 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,062,500

CAP RATE

4.24%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

143 N Sycamore Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR3

APN/PARCEL ID

5513-003-023

ASK ABOUT THIS PROPERTY

Mason CanterKW CommercialMore Info
310-722-3161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mason CanterKW CommercialMore Info
310-722-3161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.