617 N Sycamore Ave | Los Angeles, CA 90036
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- LoopNet Team
617 N Sycamore Ave
Los Angeles, CA 90036
Multifamily Property For Sale
·
10 Units
Investment Highlights
- The Sycamore Bungalow Court - a 10-unit courtyard apartment community comprised of all 2-bedroom townhouse-style units averaging 1,175 sqft each!
- Each unit offers private entrances, interior features characteristic of a single-family house, individual water heaters, in-unit W/D hookups!
- TIC conversion projected exit value of $8,000,000+... Ask about an equity partnership opportunity!
- his 1920s Spanish Colonial Revival property is located in the highly desirable Hancock Park neighborhood on the border of Melrose Ave. and WEHO!
- 12 on-site parking spaces, low-maintenance landscaping, a new irrigation system, new torch down roofs, and 125 amp electrical sub-panels!
Property Facts
| No. Units | 10 | Building Size | 11,744 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1926 |
| Building Class | C | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 11,744 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1926 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Washer/Dryer
- Hardwood Floors
- Built-In Bookshelves
- Dining Room
- Garden
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 8 | $2,487 | 1,175 |
| 2+2 | 2 | $3,995 | 1,175 |
Property Taxes
| Parcel Number | 5525-017-014 | Improvements Assessment | $1,666,096 |
| Land Assessment | $3,183,624 | Total Assessment | $4,849,720 |
Property Taxes
Parcel Number
5525-017-014
Land Assessment
$3,183,624
Improvements Assessment
$1,666,096
Total Assessment
$4,849,720
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