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 Details
Price:
$1,495,000
MLS #:
23-247905
Status:
Sold ((May 22, 2023))
Baths:
0
Address:
1416 N Sycamore Ave
Type:
Land
Neighborhood:
Hollywood
City:
Los Angeles
Listed Date:
Mar 6, 2023
State:
CA
Lot Size:
6,023 sqft / 0.14 acres (approx)
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- Address1416 N Sycamore Ave Los Angeles CA
- AreaHollywood
- CityLos Angeles
- CountyLos Angeles
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Courtesy of Daniel Stevenson at The Agency. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-04-19.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-04-19.
1416 N Sycamore Ave
Los Angeles, CA
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