42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA

  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
  • 42 Units - SOLD - 1784 North Sycamore Avenue, Los Angeles, CA
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31,959 ft²
Multifamily
Price

This listing was closed on 2023-09-04

SOLD

The Space
Available Space31,959 ft²
Suite Number42 Units - SOLD
Net Operating Income$457395
Property UseMulti family
SourceDirect
The Building - SOLD - Hollywood Sycamore Tower

SOLD - The Hollywood Sycamore Tower is a rare 42 unit apartment community located within the Hollywood Hills and adjacent to Runyan Canyon and Franklin Avenue, a densely populated rental submarket of Los Angeles known for excellent rent growth and very low vacancy rates The Hollywood Sycamore Tower has the potential to achieve significant future rental income growth through unit upgrades / enhancements since most units are rented at approx. 40% below current market rents. Further efficiencies include placing units within a RUBS billing system.

Property TypeMultifamily
Floors4
Building Size31,959 ft²
Lot Size15,750 ft²
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