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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. Minutes walking to Hollywood Blvd, Sunset Strip and much more. Our team has secured massive rents for nearby new construction units. Features a whopping 11 parking spots, private patios, massive windows, sleek cabinetry, and high ceilings.

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:

Other Features:

$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

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

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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