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500 N Sycamore Ave

Los Angeles, CA 90036
  • $3,700,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 22-146821
UPDATED: 32 min ago
$3,700,000
  • 11
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,466
    SQFT
  • $496
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

Welcome to 500 North Sycamore Avenue, a 9-unit apartment community located In one of LA's premier locations, Hancock Park. An exceptional unit composition consists of FIVE (5) 2 Bedrooms, THREE (3) 1 Bedrooms, and one Single with each unit averaging +/- 830 square feet. Parking is provided for 11 vehicles. The 9-unit apartment sits on a 7,429 square foot lot and is on arguably the best street in Hancock Park. The offering provides an opportunity for outstanding long term income growth and unparalleled capital preservation.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T06:43:13.563. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/127756267
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500 N Sycamore Ave Los Angeles, CA 90036

  • Price: $3,700,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 32 min ago
  • MLS #: 22-146821
11
Beds
0
Baths
0
½ Baths
0.17
Acres
7,466
SQFT
$496
$/SQFT
1959
Built
Neighborhood:
Hancock Park-Wilshire
County:
Los Angeles
Area:
Hancock Park-Wilshire
Property Description
Welcome to 500 North Sycamore Avenue, a 9-unit apartment community located In one of LA's premier locations, Hancock Park. An exceptional unit composition consists of FIVE (5) 2 Bedrooms, THREE (3) 1 Bedrooms, and one Single with each unit averaging +/- 830 square feet. Parking is provided for 11 vehicles. The 9-unit apartment sits on a 7,429 square foot lot and is on arguably the best street in Hancock Park. The offering provides an opportunity for outstanding long term income growth and unparalleled capital preservation.
Exterior Features

Lot Size Area 7429 Other Structures None Parking Garage Assigned Total Parking 11

Interior Features

Baths Total 13.00 Cooling None Equipment None Heating None

Property Features

Assessed Total Value 542835 Gross Income 201280 Gross Operating Income 197254 Like Units1 3 Like Units2 2 Like Units3 3 Like Units4 1 Net Operating Income 127048.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 70206 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Archie Robb DRE#02002291 of Keller Williams Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T06:43:13.563. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210