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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Michael Tootikian, DRE #00802699 • Keller Williams Realty-Studio City

$ 12,500,000

Est. payment | -/mo

0.36 Acres Lot

Save

$ 12,500,000

Est. payment | -/mo

Save

0.36 Acres Lot

Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CNSR22254772

Year Built 1968

Lot Size 0.362 Acres

Source CRISNet

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

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1784 N Sycamore AVE Hollywood, CA 90028