$3,950,000

Estimated payment $23,152/month

Total Views 227
10 Beds
12 Baths
6,235 Sq Ft
$634 Price per Sq Ft

Highlights

  • Gated Parking
  • Freestanding Bathtub
  • 8 Car Attached Garage
  • Fireplace in Primary Bedroom
  • Engineered Wood Flooring
  • 5-minute walk to Formosa Park

About This Home

We are pleased to present 1206 N Sycamore Avenue, a rare opportunity to acquire a modern four-unit multifamily property in the heart of Hollywood, one of Los Angeles' most dynamic rental markets. Built in 2019 to condo specs, the property offers contemporary construction and design, minimizing near-term maintenance while maximizing long-term investment stability. Situated on a 6,004 square foot lot zoned LARD1.5, the building encompasses approximately 6,235 gross square feet of living space. Interior amenities include the following: LG stainless steel appliances; Custom Italian kitchen cabinetry; White quartz countertops; Central HVAC powered through Nest; LG stacked washer/dryers; Glazed porcelain flooring in the bathrooms; Freestanding bathtub in the primary bathroom, along with a double sink vanity; Calacatta walls in the bathrooms imported from Spain; Custom closets; Private rooftop decks. Each unit benefits from the quality and efficiency of newer construction, providing tenants with an attractive living environment and investors with strong rental demand in a supply-constrained market.

Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 09/04/2025

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,555

Year Built

  • Built in 2019

Lot Details

  • 6,006 Sq Ft Lot
  • Lot Dimensions are 40x150

Home Design

  • Split Level Home

Interior Spaces

  • 6,235 Sq Ft Home
  • Dining Room with Fireplace
  • Den with Fireplace
  • Engineered Wood Flooring
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Fireplace in Primary Bedroom
  • 12 Bathrooms
  • Fireplace in Bathroom
  • Freestanding Bathtub

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Parking

  • 8 Car Attached Garage
  • Gated Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5532-009-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,555

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6235
  • Lot Acreage: 0.1379
  • Lot Dimensions: 40x150
  • Year Built: 2019
  • Number Of Photos: 56
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Rooms: Kitchen, Dining, Den, Bath, Primary Bedroom
  • Flooring: Engineered Hardwood
  • Bedrooms: 10
  • Laundry: In Unit
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Garbage Disposal, Freezer, Gas Dryer Hookup, Intercom, Microwave, Stackable W/D Hookup, Refrigerator, Range/Oven
  • Price Per S Q F T: 633.52

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Garage Is Detached, Gated
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 68.91
  • Assessed Improvement Value: 1198827
  • Assessed Land Percent: 31.09
  • Assessed Land Value: 540857
  • Total Assessed Value: 1739684
  • Assessor Parcel Number: 5532-009-028
  • Lot Size Area: 6006

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.78
  • Number Of Units: 4
  • Total Annual Expense: 94130
  • Type Of Units: 3s,2s
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,555 $1,774,477 $551,674 $1,222,803
2024 $21,555 $1,739,684 $540,857 $1,198,827
2023 $21,145 $1,705,573 $530,252 $1,175,321
2022 $20,171 $1,672,131 $519,855 $1,152,276
2021 $19,898 $1,639,345 $509,662 $1,129,683
2019 $5,984 $494,547 $494,547 $0
2018 $8,471 $692,642 $484,850 $207,792
2016 $8,105 $665,748 $466,024 $199,724
2015 $7,987 $655,748 $459,024 $196,724
2014 $8,019 $642,904 $450,033 $192,871
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $3,950,000 +517.2% $634 / Sq Ft
04/25/2013 04/25/13 Sold $640,000 0.0% $586 / Sq Ft
04/25/2013 04/25/13 Sold $640,000 -3.3% $586 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $662,150 0.0% $606 / Sq Ft
01/10/2013 01/10/13 Price Changed $662,150 -5.0% $606 / Sq Ft
11/15/2012 11/15/12 For Sale $697,000 -- $638 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $640,000 Provident Title
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $57,000 --
Warranty Deed $162,500 Equity Title
Warranty Deed -- Equity Title
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,124,000 New Conventional
Previous Owner $105,515 Unknown
Previous Owner $100,000 Unknown
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 25587439

The MLS

APN: 5532-009-028