444 N Sycamore Ave | Los Angeles, CA 90036
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- LoopNet Team
444 N Sycamore Ave
Los Angeles, CA 90036
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Eight-Unit Pride-of-Ownership Asset in LA’s Prestigious Hancock Park Neighborhood With 75% of Units Recently Remodeled and Numerous Other Upgrades
- Property Has Ample Parking, Laundry Facilities, Controlled Access, Hardwood Floors, a New Central Heating System, A/C, and More
- Significant Rental Upside Potential and Opportunity to Lease Two Units at Market Rate (Two Large One-Beds Will Be Delivered Vacant)
- Easy Walking Distance to Popular Shops and Restaurants on La Brea and Melrose (WalkScore: 89) and Proximate to The Grove, Larchmont Village, and World
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,220 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,220 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Hardwood Floors
SITE AMENITIES
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,995 | - |
| 1+1 | 7 | $2,528 | - |
PROPERTY TAXES
| Parcel Number | 5525-030-003 | Improvements Assessment | $1,030,383 |
| Land Assessment | $4,353,733 | Total Assessment | $5,384,116 |
PROPERTY TAXES
Parcel Number
5525-030-003
Land Assessment
$4,353,733
Improvements Assessment
$1,030,383
Total Assessment
$5,384,116
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