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    248 S Sycamore Avenue

    Hancock Park, CA 90036
    • $3,490,000
    • STATUS: Active
    • ON SITE: 159 days
    • ID#: SR20227655
    UPDATED: 22 min ago
    $3,490,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,912
      SQFT
    • $505
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Exquisite 4-UNIT trophy property in highly desirable HANCOCK PARK. Architectural integrity is well preserved and there are plenty of period details in every unit. All the units have master Suites with bath, hardwood floors, mahogany doors, full height windows, period tile, vaulted, coved and beam ceilings, operable wood fireplaces, formal dining rooms, archways, niches, abundant closet / storage, secondary building entrance, and laundry hook ups. The property has been well maintained; most of the piping has been replaced with copper and new drains have been installed. There are also detached garage units on property along with additional street parking due to no other residential units on the other side of the street. This is a rare opportunity to own in one of LAs most desirable neighborhoods, located on a beautiful tree-lined street near the Grove and walking distance to La Brea restaurants and markets. Also, near the new subway station on Wilshire and La Brea opening 2013.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T21:29:50.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/111810327
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    248 S Sycamore Avenue Hancock Park, CA 90036

    • Price: $3,490,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: SR20227655
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,912
    SQFT
    $505
    $/SQFT
    1928
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    Exquisite 4-UNIT trophy property in highly desirable HANCOCK PARK. Architectural integrity is well preserved and there are plenty of period details in every unit. All the units have master Suites with bath, hardwood floors, mahogany doors, full height windows, period tile, vaulted, coved and beam ceilings, operable wood fireplaces, formal dining rooms, archways, niches, abundant closet / storage, secondary building entrance, and laundry hook ups. The property has been well maintained; most of the piping has been replaced with copper and new drains have been installed. There are also detached garage units on property along with additional street parking due to no other residential units on the other side of the street. This is a rare opportunity to own in one of LAs most desirable neighborhoods, located on a beautiful tree-lined street near the Grove and walking distance to La Brea restaurants and markets. Also, near the new subway station on Wilshire and La Brea opening 2013.
    Exterior Features

    Lot Features Near Public TransitRectangular Lot Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls Fireplace Features Family Room Fireplace YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Urban Garage YN Yes Gross Income 157269 Gross Scheduled Income 157269 Insurance Expense 2900 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 107144 New Construction YN No New Taxes Expense 43625 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 50125 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 13106 Trash Expense 0 Water Sewer Expense 2500 Water Source Public Zoning Lar3

    Listing provided courtesy of Jonathan Kim of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T21:29:50.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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