x
Address
617 N SYCAMORE Avenue Los Angeles, CA
Price
$ 5,499,000
Property Attributes
  • MLS#19517170
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHancock Park
  • Zip90036
  • Style
  • Price$ 5,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11744
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Allen Roth with Sotheby's International Realty.
Property Description

An incredibly rare offering; 10 units in Prime Hancock Park, comprised of 5 free-standing Duplexes on a HUGE 16,744 square foot lot, zoned LAR1.5 (offering multi-family development opportunity). Amazing scale and great frontage (90 linear feet) along beautiful & famed Sycamore Avenue. Huge 2-bedroom / 1-bathroom units averaging nearly 1,200 SF each! Each unit feels like a "home" and offers residents in-unit laundry and original details throughout. 10 parking spaces at rear of property. Exceptionally strong rental demand in the immediate area. Immense upside in rents. Build up to 12 "Small Lot Subdivision" homes in one of LA's hottest areas. Endless shops, restaurants & amenities in close proximity. Close to Studios, Hollywood, Tech Companies, Schools and more. A once in a lifetime opportunity to purchase this gem of an asset. Buyer to verify development potential with City of Los Angeles.

Price History
10/3/2019 Listed $5,499,000

General Features

Co-Listing Agent Last Name Darren
Co-Listing Agent Last Name Winston
Co-Listing Agent State License # 01399200
Co-listing Agent Darren Winston - BRE#01399200
Directions 1 block east of LaBrea Avenue, 1 block south of Melrose Avenue.
Listagentaor Beverly Hills/Greater LA
Listing Agent Allen Roth - BRE#01272304
Listing Agent State License 01272304
MLS Area HPK - Hancock Park
Price Per Square Foot 468.24
Source System CRMLS
Special Listing Conditions Standard
Total Units 10
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Cooling See Remarks
Laundry Features See Remarks
Laundry Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 11744.00
Lot Size Acres 0.3745
Lot Size Area 16315.0000
Lot Size Source See Remarks
Lot Size Square Feet 16315.00
Lot Size Units Square Feet
Number of Buildings 5
Parking Features Uncovered, Parking Space
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90036

Price
AVG $2.54M
$5.5M
Visits
AVG 9
15
Year Built
AVG 1927
1926
Walkscore
AVG 91
94
Data Provided by Walkscore ® not using MLS data

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