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143 N Sycamore Ave - 143 N Sycamore Ave 4 Unit Apartment Building Offered at $3,995,000 at a 4.59% Cap Rate Los Angeles, CA 90036
Investment Highlights
- Walkable to Houses of Worship on Beverly Blvd and La Brea Blvd
- 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
- Building Size: 7,672 SF Lot Size: 7,672 SF
- Four large apartment residences (each with 3 BR and 2 BA). Ideal for Owner/Occupier or multi-generational family group.
- Built in 1927 - Classic Hollywood Architecture with Spanish accents
- Five garages on-site for Additional Income. ADU/Additional unit(s) potential with a conversion of the garages.
Executive Summary
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 and a laundry, 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).
Four spacious, 3 Bedroom apartment residences, each with two bathrooms and a laundry, 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).
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$257,676
|
$33.59
|
| Other Income |
$7,200
|
$0.94
|
| Vacancy Loss |
$7,946
|
$1.04
|
| Effective Gross Income |
$256,930
|
$33.49
|
| Taxes |
$49,937
|
$6.51
|
| Operating Expenses |
$23,745
|
$3.10
|
| Total Expenses |
$73,682
|
$9.60
|
| Net Operating Income |
$183,248
|
$23.89
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $257,676 |
| Annual Per SF | $33.59 |
| Other Income | |
|---|---|
| Annual | $7,200 |
| Annual Per SF | $0.94 |
| Vacancy Loss | |
|---|---|
| Annual | $7,946 |
| Annual Per SF | $1.04 |
| Effective Gross Income | |
|---|---|
| Annual | $256,930 |
| Annual Per SF | $33.49 |
| Taxes | |
|---|---|
| Annual | $49,937 |
| Annual Per SF | $6.51 |
| Operating Expenses | |
|---|---|
| Annual | $23,745 |
| Annual Per SF | $3.10 |
| Total Expenses | |
|---|---|
| Annual | $73,682 |
| Annual Per SF | $9.60 |
| Net Operating Income | |
|---|---|
| Annual | $183,248 |
| Annual Per SF | $23.89 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Bay Window
- Crown Molding
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Grill
- Dining Room
- Family Room
- Freezer
- Garden
- Handrails
- Instant Hot Water
- Intercom
- Lawn
- Linen Closet
- Pantry
- Window Coverings
- Large Bedrooms
- Floor to Ceiling Windows
Site Amenities
- Gas Range
- Recycling
- Smoke Free
- Vintage Building
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | $5,364 | 1,918 |
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 5513-003-023 | Total Assessment | $183,084 |
| Land Assessment | $95,833 | Annual Taxes | $49,937 ($6.51/SF) |
| Improvements Assessment | $87,251 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
5513-003-023
Land Assessment
$95,833
Improvements Assessment
$87,251
Total Assessment
$183,084
Annual Taxes
$49,937 ($6.51/SF)
Tax Year
2025 Payable 2025
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143 N Sycamore Ave - 143 N Sycamore Ave
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