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1143 N Sycamore Ave, Los Angeles, CA 90038
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1143 N Sycamore Ave Los Angeles, CA 90038

$1,260,000 Sold Price as of 07/15/2024
  • 7 Beds
  • 3 Baths
  • 2,012 Sq.Ft.
Sold
$1,260,000 Sold Price as of 07/15/2024 Refinance Your Mortgage
Map preview of 1143 N Sycamore Ave, Los Angeles, CA 90038

Property Overview: 1143 N Sycamore Ave Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,012 living square feet and 5,846 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome home to this beautiful property. Two houses on a lot separated by a central parking courtyard with a large shade palm tree. Live in your own home and rent the other or have your own compound. Fully gated and hedged from the street for privacy, and is utterly charming in the heart of West Hollywood/Hollywood border. Front house is approximately 1,100 sqft 3 bed 1 bath and features hardwood floors, large living room and dining room, a laundry room w/washer and dryer, and a front yard that is private and hedged for the front house, perfect for entertaining. Back house is approximately 900 sqft 2 bed 1 bath with its own private gated rear patio & yard, its own laundry, and eat-in kitchen dining area. Both homes have had upgrades to plumbing, roof, and various meaningful improvements. This is a perfect home for end-user with built-in income or an investor to rent out both homes. Also zoned LAR3 (Tier 4) for future development. Walk score of 93! Located next to the new hip Sycamore Ave District, see link for the details. https://bit.ly/4b2gBdS. And 1 block away from the West Hollywood Gateway shopping center, and just blocks from Melrose. An unbeatable location. Both units are tenant occupied, rents shown are actual rents.

Listed by Danny Mahelka | BRE #01170359 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: July 16th, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
5,846
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24403895
City
Los Angeles
County
Los Angeles
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,781
  • Total Rent: $2,781
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.1
  • Gross Scheduled Income: --
  • Net Operating Income: $52,692
  • Gross Operating Income: $71,772
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1143 N Sycamore Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Yard
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5531013016
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Labrea North of Santa Monica Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1143 N Sycamore Ave

Last sold for $1,260,000 on July 15th, 2024

  • July, 2024

  • Jul 15, 2024

    Date

    Sold

    CRMLS: 24403895

    $1,260,000

    Price

  • Jun 13, 2024

    Date

    Active

    CRMLS: 24403895

    $1,300,000

    Price

  • January, 2002

  • Jan 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $348,000

    Price

  • September, 1999

  • Sep 3, 1999

    Date

    Sold (Public Records)

    Public Records

    $255,000

    Price

Show More

Tax History for 1143 N Sycamore Ave

Assessed Value (2020): $470,064
Year Land Value Improved Value Assessed Value
2020 $405,235 $64,829 $470,064

Home Value Compared to the Market

This property vs the competition

1143 N Sycamore Ave sold on July 15, 2024 for 16.07% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $646.12 per/sqft which puts the price per square foot 10.76% lower than the current median sale per square foot for the city of Los Angeles.

About 1143 N Sycamore Ave

Detailed summary of property

1143 N Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,012 living square feet, and sits on an approximately 5,846 square foot lot. 1143 N Sycamore Ave was first listed on ArdentRealEstateGroup.com on June 14, 2024. The homeowner sold the property for $1,260,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.07% higher than the current median priced home. Local homes that are currently for sale include 472 N Oxford Ave, 534 N Serrano Ave and 605 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1143 N Sycamore Ave has a days on market of 28 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1143 N Sycamore Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1143 N Sycamore Ave

Public county record property details
Beds
4
Baths
2
Year built
1920
Sq. Ft.
2,012
Lot Size
5,921
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5531-013-016

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$666
Median Sold Price
$1,089,000
Median Sold Price/Sq.Ft.
$642
Total Inventory
45
Median Sale to List Price %
90.83%
Avg Days on Market
48
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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