Skip To Content
    Return to Previous Page

    407 N Sycamore Ave

    Los Angeles, CA 90036
    • $4,695,000
    • STATUS: Active
    • ON SITE: 3 days
    • ID#: 20-633082
    New On Site 3 Days Ago
    $4,695,000
    • 14
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,100
      SQFT
    • $423
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Sycamore Manor, a 1930's Normandy styled architectural gem, is located on arguably the best block in Hancock Park. This building provides a buyer with the one-of-a-kind opportunity to acquire a performing asset, with significant rent increase potential. The current owner has made significant upgrades throughout including electrical, heating systems, air conditioning, kitchen, and bathroom remodels. With approximately $41,380.56 in loss to lease income, the potential gross could be in excess of $350,000 annually.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T23:42:24.38. 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.lydiagable.com/homes/110041875
    Print Image

    407 N Sycamore Ave Los Angeles, CA 90036

    • Price: $4,695,000
    • Status: Active
    • ID#: 20-633082
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    11,100
    SQFT
    $423
    $/SQFT
    1930
    Built
    Neighborhood:
    Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire
    Property Description
    Sycamore Manor, a 1930's Normandy styled architectural gem, is located on arguably the best block in Hancock Park. This building provides a buyer with the one-of-a-kind opportunity to acquire a performing asset, with significant rent increase potential. The current owner has made significant upgrades throughout including electrical, heating systems, air conditioning, kitchen, and bathroom remodels. With approximately $41,380.56 in loss to lease income, the potential gross could be in excess of $350,000 annually.
    Exterior Features

    Lot Size Area 7502 Other Structures None Parking Garage Assigned Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 6

    Interior Features

    Baths Total 10.00 Cooling Window Unit(S)Ceiling FanMulti/Zone Equipment WasherRefrigeratorRange/OvenFreezerIntercomCableCeiling FanDishwasherDryer Flooring Wood Heating Forced Air Laundry CommunityLaundry Closet Stacked Laundry Equipment Lease

    Property Features

    ADACompliance No Alley YN Yes Assessed Total Value 2240289 Gross Income 312019 Gross Operating Income 302658 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 207597.00 Number Of Buildings 1 Number Of Units 9 Rent Control YN Yes Sale Type Standard Security Features Card/Code AccessGated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 95061 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Tyler Convery DRE#01987795 of Upfront Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T23:42:24.38. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-633082-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-633082-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-633082-2.jpg
    Logo
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377