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MLS® ID: 19-454526

617 N SYCAMORE AVE

LOS ANGELES, California, 90036

$6,599,000 Active
  • 20 Beds
  • 11744 SQFT
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.
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Listing courtesy of Sotheby's International Realty

Amenities

  • Zip
    90036
  • Office name
    Sotheby's International Realty
  • SQFT
    11744
  • Bedrooms
    20
  • Property type
    Residential Income
  • Zoning type
    LARD1.5
  • Year built
    1926
  • Lot size
    16315
  • Heating
    Other
  • Tax year
    0
  • Agent name
    Allen Roth
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Area
    Hancock Park-Wilshire
  • Bedrooms Range
    4+ Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    X70275
  • Agent ID
    X44971

Location

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