14
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$12,500,000
Est. payment /mo
Contingent
1784 N Sycamore AVE Hollywood, CA 90028
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Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CNSR22254772
Originating Board CRISNet
Year Built 1968
Lot Size 0.362 Acres
Property Description
Now presenting for sale The Hollywood Sycamore Tower Apartments located in arguably the best location in all of Hollywood. This unique, one-of-a-kind property is being offered for sale for the first time from the original builder/developer and operator from 1968 until now. This 42-Unit apartment community is located in the highly sought-after Hollywood Hills sub-market and is adjacent to the iconic Magic Castle and Yamashiro Restaurant, popular Runyan Canyon hiking trails, Hollywood and Highland and Franklin Avenue. The property provides a unique opportunity with strong & stable in-place income and further rental upside within one of the best rental markets in Los Angeles. The Hollywood Sycamore Tower, consists of a Four (4) story, center hall plan apartment complex, constructed in 1968, with an excellent unit composition of Single/One Bath, One Bedroom/One Bath and One Bedroom w/ Den and Two Bath Units. The building amenity package includes elevator service, trash receptacles and laundry on all three residential levels. Gated intercom entry and parking for nearly all residents. Additional amenities include a heated swimming pool, sauna, fitness area and two bathrooms (in various levels of renovation). Select upper units have City Lights views and/or Hollywood Hills views. Thanks
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry Laundry Area
Exterior
Parking Features Gate / Door Opener
Pool Pool - Heated, Pool - Indoor, Pool - Yes
Building
Water District - Public
Others
Tax ID 5548003010
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Michael Tootikian • Keller Williams Realty-Studio City