1206 N Sycamore Avenue

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Source: California Regional MLS

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CLW-X90025

MASSIVE $700,000 PRICE REDUCTION. 12.43 GRM AND 5.34 CAP FOR A NON RENT CONTROLLED PROPERTY. We are pleased to present 1206 N Sycamore Avenue, a rare opportunity to acquire a modern four-unit multifamily property in the heart of Hollywood, one of Los Angeles' most dynamic rental markets. Built in 2019 to condo specs, the property offers contemporary construction and design, minimizing near-term maintenance while maximizing long-term investment stability. Situated on a 6,004 square foot lot zoned LARD1.5, the building encompasses approximately 6,235 gross square feet of living space. Interior amenities include the following: LG stainless steel appliances; Custom Italian kitchen cabinetry; White quartz countertops; Central HVAC powered through Nest; LG stacked washer/dryers; Glazed porcelain flooring in the bathrooms; Freestanding bathtub in the primary bathroom, along with a double sink vanity; Calacatta walls in the bathrooms imported from Spain; Custom closets; Private rooftop decks. Each unit benefits from the quality and efficiency of newer construction, providing tenants with an attractive living environment and investors with strong rental demand in a supply-constrained market.

1206 N Sycamore Avenue, Los Angeles, CA 90038

Market Report for 90038

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