4 Unit Apartment Building Offered at $3,995,000 at a 4.59% Cap Rate Los Angeles, CA 90036
Unique 1920s Architecture and Details Throughout
Laundry In Unit, Service Entrance, Controlled Access, 1 Car Garage
Hancock Park
INVESTMENT HIGHLIGHTS
Walkable to Houses of Worship on Beverly Blvd and La Brea Blvd
Unit Mix: #143: 3 BR 2 BA $4,245 P/Mth; #145 3 BR 2 BA $6,500 P/Mth; #147 3 BR 2 BA $6,500 P/Mth; #149 3 BR 2 BA $4,228 P/Mth
Building Size: 7,672 SF Lot Size: 7,672 SF
Four large apartment residences (each with 3 BR and 2 BA). Ideal for Owner/Occupier or multi-generational family group.
Built in 1927 - Classic Hollywood Architecture with Spanish accents
Five garages on-site for Additional Income. ADU/Additional unit(s) potential with a conversion of the garages.
EXECUTIVE SUMMARY
Rare Opportunity! First time on-market in more than EIGHTY YEARS! A must-have for investors seeking a high-income property in a desirable neighborhood. Perfect for owner/occupier or multi-generational family group (two large 3 bedroom, 2 bathroom residences to be delivered vacant at close of escrow). Built in 1927 and meticulously maintained since by just a few owners, 143 N Sycamore Ave is a fine example of what is now considered classic Hollywood architecture, typical of the earlier years of the Golden Age of Hollywood when apartment homes frequently featured Spanish-accents and arched front windows.
Four spacious, 3 Bedroom apartment residences, each with two bathrooms and a laundry, occupy two stories and a total of 7,672 sf. 143 N Sycamore Ave has a 7,503 sf lot on a beautiful tree-lined street. All just steps from shops, restaurants, and places of worship. Five Garages are located on-site to accommodate residents' parking (garages could be converted to ADUs).
Spacious and Beautiful 1920s Apartment on a Tree-Lined Street in Hancock Park!
Step into timeless elegance with this upper-level 3-bedroom, 2-bath apartment, lovingly maintained by one family for over 80 years. The formal living room features floor-to-ceiling windows, crown molding, and a decorative (non-working) fireplace mantle, filling the space with light and classic charm.
A separate dining room offers the perfect setting for entertaining or everyday meals, while the expansive kitchen provides plenty of space to cook and create. Enjoy the convenience of a private in-unit laundry room with direct access to the back service staircase. Both bathrooms feature original vintage tile, adding to the home’s historic appeal. Hardwood floors and abundant natural light highlight the beautiful architectural details throughout.
Additional features include a one-car garage with an automatic door opener. Ideally located within walking distance to houses of worship, cafés, bars, and restaurants along Beverly Blvd and Fairfax Ave.
This residence perfectly blends old-world charm with modern convenience in one of Los Angeles’s most desirable neighborhoods. Don’t miss out—schedule your private showing today!
Please Contact
Tony Hewett 323-449-1033
