1406 N Sycamore Ave, LA
Opp. Zone Hollywood Fourplex
OFF-MARKET!!! Sleek, easy-to-manage OPPORTUNITY ZONE new construction fourplex in the heart of Hollywood. Just minutes walking to Hollywood Blvd, Sunset Strip, and countless entertainment and dining destinations. Our team has secured massive rents for nearby new construction units. The property features a whopping 11 parking spots, private patios, massive windows, sleek cabinetry, and high ceilings—everything tenants are looking for in this vibrant neighborhood.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Rent Control:
$3,699,000
Fourplex
Sold
4
2024
6.02%
13.02
$291,540/Year (Pro Forma)
6,428 sqft
6.025 sqft
$590.39
$948,750
1 x 4b/4.5b, 2 x 4b/3b, 1 x 3b/3.5b
Yes
4 Covered Carport Spaces, 4 Exterior Spaces, 3 Bonus Spaces
No
Other Features:
Opportunity Zone, Prime HOLLYWOOD Location
The Highlights
OPPORTUNITY ZONE!!!
5.44% projected cap rate!
Delivered 100% vacant, ready for you to use the property as an unbeatable investment or as an ideal family compound!
A whopping 11 parking spaces! Unheard of for Hollywood!
Sleek cabinetry, huge windows, and premium finishes!
All units separately metered for gas, electric AND water!
DREAM owner occupier opportunity! Enjoy a luxury home while tenants pay the mortgage!
Located minutes from the hottest attractions in LA!
The Neighborhood
<15-Minute Walk
In-N-Out, Starbucks, Juice Bar, Hart House,Tennessee Hot Chicken THC,WeHo Thai Noodle & Rice,Adults Only, WaBa Grill, Egg Tuck, IHOP, Black Canvas Coffee, Ralphs, F45 Training, Chick-fil-A, L’Antica Pizzeria
<15-Minute Drive
Equinox Hollywood, KA'TEEN, Trader Joe's, Musso & Frank Grill, The Los Angeles Film School, Musicians Institute Hollywood, Chipotle, Salt's Cure, Starbucks, Runyon Canyon Trail, Target, Hollywood Farmers Market
<$15 Uber Ride
Equinox Hollywood, KA'TEEN, Trader Joe's, Musso & Frank Grill, The Los Angeles Film School, Musicians Institute Hollywood, Chipotle, Salt's Cure, Starbucks, Runyon Canyon Trail, Target, Hollywood Farmers Market
Contact
Lauren Cearley
213.302.8662
Property Presented By:
