1222 S Sycamore Ave, Los Angeles, CA 90019
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1222 S Sycamore Ave Los Angeles, CA 90019

$1,500,000 Sold Price as of 02/11/2020
  • 8 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$1,500,000 Sold Price as of 02/11/2020 Refinance Your Mortgage

Map preview of 1222 S Sycamore Ave, Los Angeles, CA 90019

Property Overview: 1222 S Sycamore Ave Los Angeles, CA has 8 bedrooms, 3 bathrooms, -- living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1222 South Sycamore Ave, a beautiful duplex located in Miracle Mile, adjacent to Larchmont as well as Hancock Park. Each room in both units has sunlight pouring in through the windows, there are spacious living rooms, and formal dinning rooms in each unit. The lower unit features 2 bedrooms with 1 bathroom while the upper unit features 3 bedrooms and 1 bathroom. The backyard features a beautiful pool, jacuzzi, a large lounge area, as well as 4 detached garages. This is a walker's paradise, located in the heart of one of LA's most up and coming retail corridors, 2 blocks West of La Brea Avenue which features Sprouts Farmers Market, Starbucks, Lowe's Home Improvement, PetSmart, Planet Fitness, CVS and Ralphs. Please check property website for virtual tours of the property.

Listed by Amir Ahobim | BRE #02021835 | Douglas Elliman
Co-listed by Noushin Ahobim | BRE #01301933 | Nelson Shelton Real Estate Era Powered
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19520054
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,168
  • Total Rent: $3,168
  • Pro Forma/Market Rent: $3,168
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $57,758
  • Gross Operating Income: $77,016
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 1222 S Sycamore Ave

Interior Features
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Heated
Exterior Features
  • No Pool
  • Pool Features: Heated
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway Down Slope From Street, Assigned, Concrete, Gated
Property Information
  • Total # of Units: 2
  • Parcel Number: 5084029026
Location / Neighborhood
Location Information
  • Directions: North of San Vicente Blvd, West of La Brea Avenue, South of Olympic Blvd
View more facts & features

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Sale History for 1222 S Sycamore Ave

Last sold for $1,500,000 on February 11th, 2020
  • February, 2020

  • Feb 12, 2020

    Date

    Sold

    CRMLS: 19520054

    $1,500,000

    Price

  • Jan 17, 2020

    Date

    Active Under Contract

    CRMLS: 19520054

    $1,495,000

    Price

  • Jan 14, 2020

    Date

    Expired

    CRMLS: 19520054

    $1,495,000

    Price

  • Jan 1, 2020

    Date

    Withdrawn

    CRMLS: 19520054

    $1,495,000

    Price

  • Jan 1, 2020

    Date

    Active

    CRMLS: 19520054

    $1,495,000

    Price

  • Dec 11, 2019

    Date

    Hold

    CRMLS: 19520054

    $1,495,000

    Price

  • Nov 19, 2019

    Date

    Active

    CRMLS: 19520054

    $1,495,000

    Price

  • Oct 29, 2019

    Date

    Active Under Contract

    CRMLS: 19520054

    $1,495,000

    Price

  • Oct 15, 2019

    Date

    Active

    CRMLS: 19520054

    $1,495,000

    Price

  • February, 2020

  • Feb 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • October, 2014

  • Oct 8, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,185,000

    Price

Show More

Tax History for 1222 S Sycamore Ave

Assessed Value (2020): $1,302,239
Year Land Value Improved Value Assessed Value
2020 $912,118 $390,121 $1,302,239

Home Value Compared to the Market

This property vs the competition

1222 S Sycamore Ave sold on February 11, 2020 for 25.63% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1222 S Sycamore Ave

Detailed summary of property

1222 S Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 6,250 square foot lot. 1222 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.63% higher than the current median priced home. Local homes that are currently for sale include 1432 S Cloverdale Ave, 1637 S Highland Ave and 1814 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 92 days, 1222 S Sycamore Ave has a days on market of 58 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1222 S Sycamore Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1222 S Sycamore Ave

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
2,882
Lot Size
6,249
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
294
APN
5084-029-026

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1222 S Sycamore Ave

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.