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    520 N Sycamore Ave

    Los Angeles, CA 90036
    • $1,950,000
    • STATUS: Active
    • ON SITE: 2 days
    • ID#: 20-630176
    New On Site 2 Days Ago
    $1,950,000
    • 7
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,788
      SQFT
    • $515
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    Opportunity for owner-user + investor + developer! 4 unit building w/ one unit (520 rear lower) fully renovated w/ SS appliances, hardwood floors, quartz counters, fridge dishwasher, stove + hood. Unit mix is as follows: 522 (lower front) is a 3+1, 522 1/2 (rear upper) is a 2+1, 520 (rear lower) is a 1+1, and converted garage is a Studio w/ 1 bed, 1 bath, dining area. With exception of the garage, the units were originally built as 2+1's. Unit 522 Sycamore was converted into a 3+1 but may be reconfigured back to a 2+1. Unit 522 (lower front) and 520 (rear lower) + garage unit have a wall AC unit. Rear upper (522 1/2) had no AC. The Studio will be delivered vacant at closing. Tenants pay all their own gas/electric + portion of trash; 4 separate meters. Landlord pays water, sewer and large portion of trash. Opportunity to own an income property with a great unit mix in Hancock Park!

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    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/110075591
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    520 N Sycamore Ave Los Angeles, CA 90036

    • Price: $1,950,000
    • Status: Active
    • ID#: 20-630176
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,788
    SQFT
    $515
    $/SQFT
    1937
    Built
    Neighborhood:
    Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire
    Property Description
    Opportunity for owner-user + investor + developer! 4 unit building w/ one unit (520 rear lower) fully renovated w/ SS appliances, hardwood floors, quartz counters, fridge dishwasher, stove + hood. Unit mix is as follows: 522 (lower front) is a 3+1, 522 1/2 (rear upper) is a 2+1, 520 (rear lower) is a 1+1, and converted garage is a Studio w/ 1 bed, 1 bath, dining area. With exception of the garage, the units were originally built as 2+1's. Unit 522 Sycamore was converted into a 3+1 but may be reconfigured back to a 2+1. Unit 522 (lower front) and 520 (rear lower) + garage unit have a wall AC unit. Rear upper (522 1/2) had no AC. The Studio will be delivered vacant at closing. Tenants pay all their own gas/electric + portion of trash; 4 separate meters. Landlord pays water, sewer and large portion of trash. Opportunity to own an income property with a great unit mix in Hancock Park!
    Exterior Features

    Lot Size Area 5943 Other Structures None Parking Garage DrivewayOn Street Style Spanish Total Parking 0

    Interior Features

    Baths Total 4.00 Common Walls Attached Cooling Wall/WindowWall Unit(S) Equipment Built-InsCeiling FanDishwasherGarbage DisposalGas Dryer HookupRange/OvenRefrigeratorWasher Fireplace Rooms None Flooring HardwoodOtherCarpet Heating None

    Property Features

    Assessed Total Value 173330 Gross Income 73608 Gross Operating Income 71400 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 41477.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 29923 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Sheri Bienstock DRE#01746994 of The Bienstock Group.


    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.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377