1784 N. Sycamore Avenue
Los Angeles, CA 90028

42 Units Hollywod Hills

Property

UNITS

YEAR BUILT

GROSS SF

LOT SF

APN

PARKING

Summary

1968

31,959

15,750

5548-003-010

Subterranean

Summary

SNAPSHOT

Walkscore

Hollywood

Hills Location

First time on Market in 50 Years

Overview

The Property

The Hollywood Sycamore Tower is a rare 42 unit apartment community located within the Hollywood Hills and adjacent to Runyan Canyon and Franklin Avenue, a densely populated rental submarket of Los Angeles known for excellent rent growth and
very low vacancy rates

Value Add

The Hollywood Sycamore Tower has the potential to achieve significant future rental income growth through unit upgrades / enhancements since most units are rented at approx. 40% below current market rents. Further efficiencies include placing units withing a RUBS billing system.

Accessibility

Hollywood residents benefit from outstanding access to employers, retail, entertainment, and cultural venues in the immediate area nearby and surrounding areas like Los Feliz, DTLA and Echo Park.