Beautiful Homes Real Estate
Daniel Andrade
323-215-9836323-215-9836

617 N SYCAMORE Avenue, Los Angeles, CA 90036 (MLS # 19454526)

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PRICE $6,599,000
BEDS n/a
BATHS 0 baths
HOME SIZE 11,744 sq ft
LOT SIZE 16,315 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.

DAYS ON MARKET 64 LAST UPDATED 5/3/2019
YEAR BUILT 1926 COMMUNITY Hancock Park
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
COLISTAGENTFIRSTNAME Darren
COLISTAGENTLASTNAME Winston
COLISTAGENTSTATELICENSE 01399200
COLISTOFFICENAME Sotheby's International Realty
COOLING See Remarks
LAUNDRYFEATURES See Remarks
LISTAGENTSTATELICENSE 01272304
LOTSIZESOURCE See Remarks
LOTSIZEUNITS Square Feet
MLSAREAMAJOR HPK - Hancock Park
PARCELNUMBER 5525017014
PARKINGFEATURES Parking Space, Uncovered
PRICEPERSQUAREFOOT 561.90
PROPERTYTYPE Residential Income
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active




 
CONTACT US ABOUT 617 N SYCAMORE AVENUE
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Listing provided by : Allen Roth License # 01272304, Sotheby's International Realty Co-Listed with Darren Winston License # 01399200, Sotheby's International Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/18/19 1:28 AM PDT and /or other sources. 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