Listing provided courtesy of Yohann Bensimon of Keller Williams Hollywood Hills. Last updated 2019-07-03 09:43:57.000000. Listing information © 2024 CLAW.
Asking Price: $1,549,000
849 SYCAMORE, Los Angeles CA 90038
Community: Hollywood
This property was built in 1954 and is priced at $1,549,000. Please see the additional details below.
***PRICE REDUCTION*** VALUE ADD INVESTMENT OPPORTUNITY!! PROPERTY DELIVERED WITH ONE VACANT UNIT!!! We are proud to present this rare opportunity to acquire a well sought out piece of real estate, located in a prime neighborhoods in Los Angeles, California, Hollywood. This charming triplex divided in two buildings, 2,763 Square Feet, comprised of Three (3) units which are all One (1) Bedroom, One (1) Bathroom located at 849 N Sycamore, sits on a large, very desirable 8,162 Square Feet lot zoned LAR2 that gives a savvy investor the opportunity to remodel the units and increase the cash flow of the property. With a walk score of 95 (Walker's Paradise) right behind La Brea Ave and South Santa Monica Blvd. Being within minutes of popular amenities, attractions, shops and restaurants. On the lot is also a Four (4) covered tandem parking spaces and Two (2) uncovered parking spaces. Projected rent and financials are based on the potential conversion from 3x1BR/1BA to 2x2BR/1BA + 1BR/BA.