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1332 N Sycamore Ave, Los Angeles, CA 90028
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1332 N Sycamore Ave Los Angeles, CA 90028

$2,095,000 Sold Price as of 08/19/2021
  • 8 Beds
  • 7 Baths
  • 4,967 Sq.Ft.
Sold
$2,095,000 Sold Price as of 08/19/2021 Refinance Your Mortgage
Map preview of 1332 N Sycamore Ave, Los Angeles, CA 90028

Property Overview: 1332 N Sycamore Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, 4,967 living square feet and 8,051 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1332 N Sycamore Ave. is a charming six unit building functioning as 7 units. It is situated on an 8,050 square foot LARD 1.5 lot conveniently located in PRIME Hollywood. The 4,967 Square Foot property is composed of (3) one bedroom-one bath units, (2) two bedroom-one bath units and one Studio. There is an additional non-conforming 1+1 unit. Three units will be delivered vacant upon the close of escrow!!! Interior features include hard wood flooring and charming built-ins. Each unit is separately metered for gas and electricity. The subject property is located in the city of Los Angeles but was moved-on the lot in 1989 and is NOT subject to city of Los Angeles rent control due to Certificate of Occupancy being dated after 1978. Located in the Heart of Hollywood, this location is deemed walkers paradise with a walk score of 96 out of 100 as daily errands do not require a car. It is conveniently located near La Brea Ave. & Fountain Ave. in the heart of Hollywood!

Listed by Nicole Apostolos | BRE #01464936 | Keller Williams Realty Encino-Sherman Oa
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
8,051
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21735654
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,733
  • Total Rent: $5,200
  • Pro Forma/Market Rent: $6,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $4,700
  • Pro Forma/Market Rent: $5,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $1,775
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.76
  • Gross Scheduled Income: --
  • Net Operating Income: $103,052
  • Gross Operating Income: $155,103
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1332 N Sycamore Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 6
  • Parcel Number: 5548023007
Location / Neighborhood
Location Information
  • Directions: South of Fountain Ave., East of La Brea
View more facts & features

Local Los Angeles Agent

Sale History for 1332 N Sycamore Ave

Last sold for $2,095,000 on August 19th, 2021

  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: 21735654

    $2,095,000

    Price

  • Jun 8, 2021

    Date

    Active Under Contract

    CRMLS: 21735654

    $2,200,000

    Price

  • May 24, 2021

    Date

    Active

    CRMLS: 21735654

    $2,200,000

    Price

  • February, 2021

  • Feb 18, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1332 N Sycamore Ave

Assessed Value (2020): $883,952
Year Land Value Improved Value Assessed Value
2020 $538,318 $345,634 $883,952

Home Value Compared to the Market

This property vs the competition

1332 N Sycamore Ave sold on August 19, 2021 for 96.43% 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 $442.92 per/sqft which puts the price per square foot 38.82% lower than the current median sale per square foot for the city of Los Angeles.

About 1332 N Sycamore Ave

Detailed summary of property

1332 N Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 4,967 living square feet, and sits on an approximately 8,051 square foot lot. 1332 N Sycamore Ave was first listed on ArdentRealEstateGroup.com on May 24, 2021. The homeowner sold the property for $2,095,000. 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 96.43% higher than the current median priced home. Local homes that are currently for sale include 461 N Vista St, 454 N Genesee Ave and 1140 N Beachwood Dr. While the average home in Los Angeles, CA is selling in 106 days, 1332 N Sycamore Ave has a days on market of 13 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 1332 N Sycamore Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1332 N Sycamore Ave

Public county record property details
Beds
9
Baths
7
Year built
1955
Sq. Ft.
4,967
Lot Size
8,050
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
5548-023-007

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$695
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$728
Total Inventory
48
Median Sale to List Price %
101.5%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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