345 N Sycamore Avenue

    Los Angeles (City), CA 90036
    • $2,995,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: 19490822
    UPDATED: 60 min ago
    $2,995,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,384
      SQFT
    • $406
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    REDUCED OVER $250,000 9 Unit character building with exceptional long term rental opportunity on the best street in Los Angeles in Hancock Park. Offering has been owned by the same family for more than 40 years.The property offers investors a unique and rare opportunity to acquire an investment property in one of LA's best rental markets with tremendous rental upside. The unit composition consists of Singles, One and Two-bedroom units featuring character fitting of the era.The asset, built in 1946, features prominent street frontage, a quiet courtyard setting and garage parking for 6 vehicles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T08:34:14.85. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/97075091

    345 N Sycamore Avenue Los Angeles (City), CA 90036

    • Price: $2,995,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 19490822
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,384
    SQFT
    $406
    $/SQFT
    1946
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    REDUCED OVER $250,000 9 Unit character building with exceptional long term rental opportunity on the best street in Los Angeles in Hancock Park. Offering has been owned by the same family for more than 40 years.The property offers investors a unique and rare opportunity to acquire an investment property in one of LA's best rental markets with tremendous rental upside. The unit composition consists of Singles, One and Two-bedroom units featuring character fitting of the era.The asset, built in 1946, features prominent street frontage, a quiet courtyard setting and garage parking for 6 vehicles.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 152532.00 Improvements Amount 278299 Land Value 163498 Laundry YN Yes Net Operating Income 96900.00 Special Listing Conditions Standard Total Expenses 52581.00 Zoning Lar3

    Listing provided courtesy of Rich Johns of Kw Commercial Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T08:34:14.85. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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