2038 N Sycamore Avenue

    Los Angeles (City), CA 90068
    • $1,795,000
    • STATUS: Active
    • ON SITE: 100 days
    • ID#: SR18217366
    UPDATED: 66 min ago
    $1,795,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,213
      SQFT
    • $426
      $/SQFT
    Type:
    Multi-Family
    Built:
    1992
    County:

    School Ratings & Info

    Description

    Huge, 4300+ sq ft duplex built in 1992 (NO RENT CONTROL!) with jaw dropping City and downtown skyline views from each unit. Each unit is separately metered for water, power and gas. The larger unit (approx 2400 sq ft) is an open floor plan 3+3+FD, front and back stairways, direct access to the private garage and two very large terraces with spectacular City views. The smaller unit (approx 1900 sq ft) is an open floor plan 2+2+FD and a very large terrace with a spectacular City view. Only a few months remaining on each lease. Adjacent nearly identical, but larger duplex (2042 Sycamore) is also available at $1,950,000. Property is being sold by estate of original owner who didn't like to raise the rents for her long time tenants. There is tremendous upside potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/87258453

    2038 N Sycamore Avenue Los Angeles (City), CA 90068

    • Price: $1,795,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: SR18217366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,213
    SQFT
    $426
    $/SQFT
    1992
    Built
    Neighborhood:
    C03 - Sunset Strip - Hollywood Hills West
    County:
    Los Angeles
    Area:
    C03 - Sunset Strip - Hollywood Hills West
    Property Description
    Huge, 4300+ sq ft duplex built in 1992 (NO RENT CONTROL!) with jaw dropping City and downtown skyline views from each unit. Each unit is separately metered for water, power and gas. The larger unit (approx 2400 sq ft) is an open floor plan 3+3+FD, front and back stairways, direct access to the private garage and two very large terraces with spectacular City views. The smaller unit (approx 1900 sq ft) is an open floor plan 2+2+FD and a very large terrace with a spectacular City view. Only a few months remaining on each lease. Adjacent nearly identical, but larger duplex (2042 Sycamore) is also available at $1,950,000. Property is being sold by estate of original owner who didn't like to raise the rents for her long time tenants. There is tremendous upside potential.
    Exterior Features

    Construction Materials Stucco Garage Spaces 3.00 Lot Features Down Slope From StreetLot Shape-Irregular Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances DishwasherElectric OvenFreezerGarbage DisposalGas RangeRange/Stove HoodRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1900 Average2 Bed Area Units Square Feet Average3 Bed Area 2400 Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling CentralElectric Cooling YN Yes Fireplace Features Living RoomGas StarterWood Fireplace YN Yes Heating Central FurnaceNatural Gas Heating YN Yes Interior Features 2 StaircasesCrown MoldingsLiving Room Deck AttachedOpen Floor Plan Laundry Features AreaInside Levels Three Or More Room Type EntryKitchenLiving RoomMain Floor BedroomMaster SuiteWalk-In Closet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersUrban Country Us Electric Expense 0.00 Elevation Units Feet Gross Income 73372.00 Gross Scheduled Income 84600.00 Insurance Expense 3000.00 Land Lease YN No Laundry YN Yes Net Operating Income 73372.00 New Construction YN No New Taxes Expense 22437.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Number With Dishwasher 2 Number With Disposal 2 Number With Patio 3 Number With Range 2 Operating Expense 8228.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGas Total Actual Rent 84600.00 Total Expenses 25437.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Donald Underwood of Coldwell Banker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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