4947 Sycamore Ter | Los Angeles, CA 90042
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- LoopNet Team
4947 Sycamore Ter
Los Angeles, CA 90042
5 Unit Value Add Multifamily in Highland Park · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 5 Unit Value Add Apartment Building with Nearly 116% Upside Potential | Market GRM of 9.41 and 7.95% Market CAP
- 3 Structures Built in 1903, 1907, and 1925 | Excellent Unit Mix 2(3+1) & 3 (1+1)
- $72.29/SF on Land | Large nearly FLAT Lot of ± 19,367 SF | Potential ADU Development or Multi-family. Buyer to Investigate and Confirm.
- Designated as Tier 3 TOC (Transit Oriented Communities)
- 3 Contiguous Parcels Offered For Sale and the First Time on the Market in 75+ Years
- Located at the South End of Highland Park's most dense retail corridor - Figueroa | Blocks to Gold Line
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 3,974 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1907 |
| Building Class | C | ||
| Zoning | LARD2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 3,974 SF |
| No. Stories | 2 |
| Year Built | 1907 |
| Zoning | LARD2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
| 1+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,247 | Total Assessment | $2,247 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,247
Improvements Assessment
$0
Total Assessment
$2,247
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