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1416 Sycamore Avenue

Los Angeles, CA 90028

$1,407,000 Sale Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
6,023 Sq. Ft.
$248 / Sq. Ft.
Sold

1416 Sycamore Avenue

Los Angeles, CA 90028

Sold
$1,407,000 Sale Price
$0/mo
0
Bed
0
Bath
6,023
Sq. Ft.
Exceptional development opportunity in the heart of Hollywood surrounded by some of LA's most sought after offerings. Preliminary calculations, based on the 6023 lot size, present the opportunity to build 7 units with 1 reserved for low income utilizing the on menu density bonus program. The new owner may explore alternative development strategies as well including an off menu density bonus build. Current home has undergone a recent remodel and could generate income during the permitting process. Home will be delivered vacant. Buyer to independently investigate and satisfy itself with all matters related to potential redevelopment of the property. There are no warranties or representation from Seller or Seller's broker/agent.
PROPERTY INFORMATION
MLS # 23247905 Lot Size 6,023 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,495,000
Price Per SqFt: $ 248
DOM 824 Days
Address 1416 Sycamore Avenue Type Land
City Los Angeles Sq.Ft. 6,023 Sq. Ft.
Postal Code 90028 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Closed
Sold Date 2023-05-22
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,595
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/15/2023 Pending $1,495,000
03/06/2023 Listed $1,595,000
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Listing provided courtesy of Daniel Stevenson, The Agency. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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