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$ 6,200,000
Est. payment | /mo
15,460 SqFt
$ 6,200,000
Est. payment | /mo
15,460 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,460 sqft
Price per Sqft $401
MLS Listing ID CL26846231
HOA Y/N No
Year Built 1937
Lot Size 0.359 Acres
Acres 0.3588
Property Sub-Type Other
Property Description
10 UNIT ART DECO TROPHY PROPERTY IN HANCOCK PARK | Two Parcels with separate APN's | All 2 Bedroom Townhouse Units w/ Fireplaces, Balconies, Individual Washer & Dryer in Each Unit | 332-336 North Sycamore Avenue, a 10-Unit Art Deco designed multifamily Courtyard, built in 1937, is located on Hancock Park's most sought-after street Sycamore Avenue. | The unit composition includes Eight (8) Townhomes and Two (2) Penthouses encompassing a total of 15,460 SF of improvements. The offering is situated on two separate parcels with a combined 15,628 SF of land Two separate APN's (5525-031-005 and 5525-031-006) | The buildings face each other creating a tranquil courtyard atmosphere | Built in 1937 by Los Angeles-based builder J.W. Pixley, this project was designed by noted architect Raphael A. Nicolais | This iconic courtyard property features four structures (two apartment structures and two carport structures in the rear). It is situated on two separate parcels totaling 15,628 square feet on arguably the best street in the Hancock Park within the heart of LA culture | The apartment homes feature a near classic 1930s design with eight (8) units consisting of two-bedroom, one-and-one-half-bath townhomes and two (2) extremely large penthouses | The offering has the potential to be stewarded into a world-class asset that any astute investor would be proud to tuck into their portfolio | The offering provides an opportunity for outstanding long-term income growth and unparalleled capital preservation
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
Water Other
New Construction No
Others
Tax ID 5525031006
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Listed by Rich Johns • KW Commercial Studio City
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