Listed By:
Louis Perez with Tradewind Realty;
Address
606 N SYCAMORE Avenue, Los Angeles, CA
Price
$ 2,345,000
Property Attributes
  • MLS#17212284
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHancock Park
  • Zip90036
  • Style
  • Price$ 2,345,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
California Regional MLS (CRMLS)
Property Description

TRENDY & WELL-LOCATED 5 UNIT COMPLEX WITH LOTS OF UPSIDE WITH THE PERFECT MIX: 1: 3 BEDROOM 2 BATH, 1: 2 BEDROOM + 1 BATH, 3: 1 BEDROOM + 1 BATH - THE 2 BEDROOM UNIT IS VACANT AND THE RENT FOR THAT UNIT IS PROJECTED. THE REST OF THE RENTS ARE ACTUAL. THIS SPANISH STYLE HOUSE WITH LOADS OF CHARM & CHARACTER IN ITS GREAT COMMUNITY IS IN A HIGH DEMAND AREA CLOSE TO EATERIES & ENTERTAINMENT. BUILDING HAS UPGRADES & JUST FRESHLY PAINTED. GREAT OCCUPANTS & RENTAL MARKET. INQUIRE ABOUT THE UPSIDE IN RENTS WITH THE PRESENT VACANCIES AND ONE OTHER UPCOMING. EACH UNIT HAS ITS OWN WATER & DRYER HOOK UP. TENANTS PAY THEIR OWN GAS & ELECTRICITY.

Price History
3/12/2023 Listed $2,345,000

General Features

Additional Parcels Y/N No
Appliances Dishwasher, Disposal, Refrigerator, VentedExhaustFan
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
Cooling Gas
County Los Angeles
Days on Market 1477
Directions SOUTH OF MELROSE, WEST OF HIGHLAND BLVD AND EAST OF LA BREA BLVD.
Disclosures SellerWillPaySec1Termite
Expected Active Date 2017-03-17
Garage Y/N No
Gross Income 157348.0
Heating Central, WallFurnace
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 7424.0
MLS Area HPK - Hancock Park
Mobilehomeremainsyn No
Net Operating Income 102297.0
New Construction No
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status ActiveUnderContract
Status ActiveUnderContract
Street Name SYCAMORE
Total Units 5
View Y/N No
Virtual Tour http://www.themls.com/properties/vt/CA/LOS-ANGELES/606-N-SYCAMORE-AVE/Residential-Income/17-212284
Waterfront Y/N No
Year Built 1927
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Avenue
Total Stories 2

Exterior Features

Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Area 7424.0
Lot Size Units SquareFeet
Number of Buildings 1
Open Parking Y/N No
Parking Features Private
Spa No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90036

Price
AVG $2.45M
$2.35M
Visits
AVG 56
222
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1927
Walkscore
AVG 91
93
Data Provided by Walkscore® not using MLS data