Avison Young has been exclusively chosen to handle the sale of a private, 7.3-acre estate overlooking Los Angeles at 1999 N. Sycamore Ave. This landmark property, which includes the renowned Yamashiro restaurant and surrounding developable land, is now being marketed as Hollywood Mountain by SAMAKA LLC – the current owners. The Avison Young team leading this project consists of managing director Chris Bonbright, U.S capital markets leader Peter Sherman and principal Chase Gordon – all based in Los Angeles.
According to Bonbright, “This exceptional Hollywood retreat is truly one-of-a-kind and cannot be replicated.” He believes that this property goes beyond traditional real estate standards and will attract a special type of buyer.
Sherman also commented on the unique opportunity presented by Hollywood Mountain: “This rare ownership opportunity will appeal to someone who wants to own an exquisite Japanese-inspired architectural masterpiece with deep roots in Hollywood’s rich history.” He added that if only its walls could speak, they would have many stories to tell.
The post announcing the listing for sale states that offers for this remarkable compound are expected to exceed $100 million.
