Sycamore House Apartment
1321 N Sycamore Ave Los Angeles, CA 90028
1321 N Sycamore Ave, Los Angeles, CA, 90028
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For Sale
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39-unit apartment building near West Hollywood border.
Property Size32,121 SF
Lot Size0.37 Acres
Days on Market97
Property Features for 1321 N Sycamore Ave
General Information
- Standard status
- Active
- Size
- 32,121 SF
- Lot size
- 0.37 Acres
- Property subtype
- Multifamily
Listing Agency
Avison Young - North Los Angeles
(323) 423-4425
Listed by
Christopher Bonbright · License #00823957
Source
Crexi
Added: Apr 12 Checked: Jul 17 at 5:19 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - North Los Angeles
Investment Insights
Based on property information with market context.
Sycamore House, situated at 1321 North Sycamore Avenue, is a 32,121 square foot apartment building featuring 39 units. The unit mix includes 6 studio apartments, 15 one-bedroom/one-bathroom units, 3 two-bedroom/two-bathroom units, and 15 two-bedroom/one-bathroom units. The building is located on a 16,075 square foot lot. Constructed in 1987, the three-story property includes an additional below-grade parking level. The property is located one block east of La Brea Avenue and one block north of the West Hollywood border, providing convenient access to Hollywood, Beverly Hills, and the San Fernando Valley. The surrounding area offers a mix of retail and dining options, particularly in the Sycamore District. The property was fully renovated in 2013, and the units feature quartz countertops, stainless steel sinks, white tile backsplashes, and wood plank flooring. Common area amenities include a fitness center with a dry sauna, a fireside lounge, a gas barbecue, and laundry facilities on each floor. The property is currently operating as a student housing facility for the American Academy of Dramatic Arts (AADA). The property will be delivered approximately fifty percent vacant at the close of escrow, with the remaining half leased at market rates by AADA through July 2025.
Key Highlights
- Non‑rent controlled asset near West Hollywood, Hollywood, Beverly Hills, and the San Fernando Valley.
- Significant value‑add opportunity with approximately 50% vacancy, allowing for immediate renovation and lease‑up to market rates.
- Fully renovated in 2013 with desirable unit upgrades including quartz countertops, stainless steel sinks, tile backsplashes, and wood plank flooring.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Academy House West
Apartment Building
NNC Sycamore Villas
Financial Advisor
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FAQs
What type of property is this?
Apartment building - 39-unit apartment building near West Hollywood border.
Where is this apartment building located?
The property is located at 1321 N Sycamore Ave Los Angeles, CA.
What are key features of this property?
This property features: Non‑rent controlled asset near West Hollywood, Hollywood, Beverly Hills, and the San Fernando Valley.; **Significant value‑add opportunity with approximately 50% vacancy**, allowing for immediate renovation and lease‑up to market rates.; Fully renovated in 2013 with desirable unit upgrades including quartz countertops, stainless steel sinks, tile backsplashes, and wood plank flooring.
