906 S Sycamore Avenue

    Los Angeles (City), CA 90036
    • $1,799,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 19513324
    UPDATED: 52 min ago
    $1,799,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,884
      SQFT
    • $624
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Location, Location, Location!! HUGE upside potential for a great duplex sited just two blocks from the upcoming Purple Line with plenty of development forthcoming. Amazing opportunity to invest in an income property located just one block east of La Brea and two blocks south of Wilshire in the most desirable Hancock Park adjacent neighborhood. The building offers 2 large units, each unit at approximately 1500 sq ft of living space, great rental income, and elegant wood floors throughout. Plenty of tenant parking with approx 6 spots behind secure gated fence. Washer/Dryer in both units. Very peaceful neighborhood, and just minutes away from trendy La Brea businesses, Starbucks, Equinox, LACMA, El Rey Theater, Trader Joes, Koreatown, Beverly Hills, The Grove, DTLA, great restaurants, entertainment and shopping centers. Purple Line subway will be extended to Century City and connects to DTLA at Union Station to Expo Line at 3rd St Santa Monica or Redline to Hollywood or SF Valley.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T12:28:36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
    www.socalrealtyexpert.com/homes/99209594

    906 S Sycamore Avenue Los Angeles (City), CA 90036

    • Price: $1,799,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 19513324
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,884
    SQFT
    $624
    $/SQFT
    1925
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    Location, Location, Location!! HUGE upside potential for a great duplex sited just two blocks from the upcoming Purple Line with plenty of development forthcoming. Amazing opportunity to invest in an income property located just one block east of La Brea and two blocks south of Wilshire in the most desirable Hancock Park adjacent neighborhood. The building offers 2 large units, each unit at approximately 1500 sq ft of living space, great rental income, and elegant wood floors throughout. Plenty of tenant parking with approx 6 spots behind secure gated fence. Washer/Dryer in both units. Very peaceful neighborhood, and just minutes away from trendy La Brea businesses, Starbucks, Equinox, LACMA, El Rey Theater, Trader Joes, Koreatown, Beverly Hills, The Grove, DTLA, great restaurants, entertainment and shopping centers. Purple Line subway will be extended to Century City and connects to DTLA at Union Station to Expo Line at 3rd St Santa Monica or Redline to Hollywood or SF Valley.
    Exterior Features

    Construction Materials Stucco Direction Faces West Lot Size Units Square Feet Parking Features Garage - Two DoorShared DrivewayConcreteGuest Parking YN Yes

    Interior Features

    Appliances DisposalRefrigeratorDishwasher Appliances YN Yes Fireplace Features Decorative Fireplace YN Yes Flooring Wood Laundry Features Washer IncludedDryer Included

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 64140.00 Improvements Amount 131099 Insurance Expense 1440.00 Land Value 470965 Laundry YN Yes Net Operating Income 51072.00 Special Listing Conditions Standard Total Expenses 13068.00 Water Sewer Expense 3000.00 Zoning Lar2

    Listing provided courtesy of Edward Arnez of Wish Sotheby's Intl Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T12:28:36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
     
    Robin McCann | EXIT Alliance Realty
    43521 Rige Park Drive, Suite 201
    Temecula CA, 92590