1416 N Sycamore Ave

1416 N Sycamore Ave, Los Angeles, CA 90028

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.

Features & Amenities

Area & Lot

Status Sold
LOT SIZE 6,023 Sq.Ft.
MLS® ID 23-247905
Type Land
View Description None

Financial

SALES PRICE $1,407,000
Zoning LARD1.5

Work With Michelle

Having worked at one of the paramount couture brands and with multiple executives necessitating discretion based on their alternate careers, I have learned how invaluable it can be to respect a client’s time, act with discretion and provide premier customer service.

Let's Connect