REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 10,995,000
Est. payment | /mo
27,640 SqFt
$ 10,995,000
Est. payment | /mo
27,640 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 27,640 sqft
Price per Sqft $397
MLS Listing ID CL24367427
HOA Y/N No
Year Built 1989
Lot Size 0.268 Acres
Acres 0.27
Property Sub-Type Other
Property Description
We are pleased to present 1215 N Sycamore Ave, a 28-unit value-add multifamily investment opportunity located in LA's ultra-prime Sycamore District of Hollywood, LA Proper. Situated just north of Santa Monica Blvd and east of La Brea Ave, the property is adjacent to what the LA Times calls LA's coolest new neighborhood. It boasts a WalkScore of 95 (Walker's Paradise) and is located 0.8 miles from the B Line (formerly the Red Line) Metro station. Built in 1989 and exempt from Los Angeles Rent Control, the property is comprised of 28 units with an exceptional mix of 68% 2-bedroom units, including 15 (2+2), 4 (2+1), and 9 (1+1) units, averaging approximately 987 gross square feet each. The 27,640-square-foot building stands on an 11,688-square-foot lot zoned LARD1.5-1XL. All units feature a balcony or patio and large windows that allow for ample natural light, full kitchens with built-in ovens, dishwashers, refrigerators, and microwaves, providing modern comfort. Some units offer views of Hollywood, West Hollywood, and the LA Basin, and include stainless-steel appliances, high-quality wood cabinets, laminated wood floors, and decorative fireplaces, adding a touch of elegance to select units. The property features a gated entry, a garden, a courtyard/patio, on-site laundry, and ample
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Community Facility
Building
New Construction No
Others
Tax ID 5531012035
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Matthew R. Kanner • Keller Williams Realty Los Feliz
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "