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143 N Sycamore Ave - 143 N Sycamore Ave 4 Unit Apartment Building Offered at $5,531,078 CAD at a 4.59% Cap Rate Los Angeles, CA 90036
INVESTMENT HIGHLIGHTS
- Walkable to Houses of Worship on Beverly Blvd and La Brea Blvd
- Unit Mix: #143: 3 BR 2 BA $4,245 P/Mth; #145 3 BR 2 BA $6,500 P/Mth; #147 3 BR 2 BA $6,500 P/Mth; #149 3 BR 2 BA $4,228 P/Mth
- Building Size: 7,672 SF Lot Size: 7,672 SF
- Four large apartment residences (each with 3 BR and 2 BA). Ideal for Owner/Occupier or multi-generational family group.
- Built in 1927 - Classic Hollywood Architecture with Spanish accents
- Five garages on-site for Additional Income. ADU/Additional unit(s) potential with a conversion of the garages.
EXECUTIVE SUMMARY
Rare Opportunity! First time on-market in more than EIGHTY YEARS! A must-have for investors seeking a high-income property in a desirable neighborhood. Perfect for owner/occupier or multi-generational family group (two large 3 bedroom, 2 bathroom residences to be delivered vacant at close of escrow). Built in 1927 and meticulously maintained since by just a few owners, 143 N Sycamore Ave is a fine example of what is now considered classic Hollywood architecture, typical of the earlier years of the Golden Age of Hollywood when apartment homes frequently featured Spanish-accents and arched front windows.
Four spacious, 3 Bedroom apartment residences, each with two bathrooms and a laundry, occupy two stories and a total of 7,672 sf. 143 N Sycamore Ave has a 7,503 sf lot on a beautiful tree-lined street. All just steps from shops, restaurants, and places of worship. Five Garages are located on-site to accommodate residents' parking (garages could be converted to ADUs).
Four spacious, 3 Bedroom apartment residences, each with two bathrooms and a laundry, occupy two stories and a total of 7,672 sf. 143 N Sycamore Ave has a 7,503 sf lot on a beautiful tree-lined street. All just steps from shops, restaurants, and places of worship. Five Garages are located on-site to accommodate residents' parking (garages could be converted to ADUs).
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$356,752
|
$46.50
|
| Other Income |
$9,968
|
$1.30
|
| Vacancy Loss |
$11,001
|
$1.43
|
| Effective Gross Income |
$355,720
|
$46.37
|
| Taxes |
$69,138
|
$9.01
|
| Operating Expenses |
$32,875
|
$4.29
|
| Total Expenses |
$102,013
|
$13.30
|
| Net Operating Income |
$253,707
|
$33.07
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $356,752 |
| Annual Per SF | $46.50 |
| Other Income (CAD) | |
|---|---|
| Annual | $9,968 |
| Annual Per SF | $1.30 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $11,001 |
| Annual Per SF | $1.43 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $355,720 |
| Annual Per SF | $46.37 |
| Taxes (CAD) | |
|---|---|
| Annual | $69,138 |
| Annual Per SF | $9.01 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $32,875 |
| Annual Per SF | $4.29 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $102,013 |
| Annual Per SF | $13.30 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $253,707 |
| Annual Per SF | $33.07 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Bay Window
- Crown Molding
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Grill
- Dining Room
- Family Room
- Freezer
- Garden
- Handrails
- Instant Hot Water
- Intercom
- Lawn
- Linen Closet
- Pantry
- Window Coverings
- Large Bedrooms
- Floor to Ceiling Windows
SITE AMENITIES
- Gas Range
- Recycling
- Smoke Free
- Vintage Building
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 4 | $7,426 CAD | 1,918 |
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Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 5513-003-023 | Total Assessment | $253,114 CAD |
| Land Assessment | $132,489 CAD | Annual Taxes | $69,138 CAD ($9.01 CAD/SF) |
| Improvements Assessment | $120,625 CAD | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
5513-003-023
Land Assessment
$132,489 CAD
Improvements Assessment
$120,625 CAD
Total Assessment
$253,114 CAD
Annual Taxes
$69,138 CAD ($9.01 CAD/SF)
Tax Year
2025 Payable 2025
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143 N Sycamore Ave - 143 N Sycamore Ave
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