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$6,200,000
Est. payment /mo
20 Beds
15 Baths
15,460 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 15,460 sqft
Price per Sqft $401
MLS Listing ID 26846231
Bedrooms 20
HOA Y/N No
Year Built 1937
Lot Size 0.359 Acres
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
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Family Room
Fireplace Yes
Appliance Dryer, Washer
Exterior
Parking Features Detached Carport
Porch Rooftop
Total Parking Spaces 12
Building
Story 2
Entry Level Multi/Split
Sewer Other
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5525031006
Special Listing Condition Standard
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Listed by Rich Johns KW Commercial Studio City #01432215
Nearby Schools & Businesses
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