1215 N Sycamore Ave | Los Angeles, CA 90038
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- LoopNet Team
1215 N Sycamore Ave
Los Angeles, CA 90038
Casa Del Sycomoro · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Ultra Prime Hollywood/Sycamore District Value-Add opportunity (25%+ rental upside), 1989 Built exempt from Los Angeles Rent Control
- Spacious units, all have a balcony or patio, large windows offering great natural light; full kitchens w/ dishwasher, built-in microwave/oven/stove
- 2 blocks from prime Sycamore District w/ an exceptional 95 WalkScore: Walker’s Paradise, directly adjacent to WeHo, less than 4 miles to Beverly Hills
- Great Unit Mix (68% 2-bedroom units): 15 (2+2), 4 (2+1), 9 (1+1)
- 49 secure gated covered parking spaces (1.75 spaces/unit; over 1 space/bedroom) in 2 parking levels
- 1 block away from the 34-story CIM Group Cemex project on La Brea Ave which will be the tallest building in West Hollywood
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 30,800 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 1.74/1,000 SF |
| Zoning | LARD1.5 - Los Angeles Restricted Denisty | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 30,800 SF |
| No. Stories | 4 |
| Year Built | 1989 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | LARD1.5 - Los Angeles Restricted Denisty |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Recycling
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 15 | - | 950 |
| 2+1 | 4 | - | 900 |
| 1+1 | 9 | - | 675 |
PROPERTY TAXES
| Parcel Number | 5531-012-035 | Improvements Assessment | $3,536,762 |
| Land Assessment | $548,180 | Total Assessment | $4,084,942 |
PROPERTY TAXES
Parcel Number
5531-012-035
Land Assessment
$548,180
Improvements Assessment
$3,536,762
Total Assessment
$4,084,942
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