KW Commercial is pleased to present 345 North Sycamore Avenue, a 9-unit investment opportunity located on Sycamore Avenue in Hancock Park (90036), in the Greater Wilshire / Hancock Park submarket.
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 space and garage parking for 6 vehicles.
Located and just one block east of La Brea Avenue, 345 North Sycamore Avenue is poised to capitalize on the tremendous momentum within the submarket.
Further, the subject property’s transit-oriented and highly walkable location (WalkScore of 88) offers residents access to myriad entertainment venues, cultural destinations, and dining options nearby.
Given the property’s location and strong income potential, 345 North Sycamore Avenue is an ideal investment for apartment operators seeking long term wealth preservation and appreciation.
SEE ATTACHED OFFERING MEMORANDUM
