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1725 S Sycamore Ave, Los Angeles, CA 90019
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1725 S Sycamore Ave Los Angeles, CA 90019

$950,000 Sold Price as of 04/15/2020
  • 5 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$950,000 Sold Price as of 04/15/2020 Refinance Your Mortgage
Map preview of 1725 S Sycamore Ave, Los Angeles, CA 90019

Property Overview: 1725 S Sycamore Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully renovated duplex in Mid-City. Presents as two houses: a Spanish style 3+2 bungalow with fireplace in front, and a modern 2+2 home in back. Each has a gated yard that includes lush landscaping. New kitchens with stainless steel appliances including dishwashers and washers/dryers, all-new tiled bathrooms, new floors, roofs, tankless water heaters and split-mini AC/heat systems. Upscale finishes throughout, vintage lighting, ceiling fans, crown moldings and walk-in closets. Everything is done and gorgeous! Therefore, this property commands strong rents with very low maintenance. At only 10.26 times the current gross income, this will not last! Both units are occupied on a month to month basis and will not be delivered vacant. The bedroom/bathroom count differs from public records; buyers to investigate.

Listed by Andrew Gombiner | BRE #01197325 | Gombiner & Company
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20567264
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,640
  • Total Rent: $43,680
  • Pro Forma/Market Rent: $43,680
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $34,200
  • Pro Forma/Market Rent: $34,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.26
  • Gross Scheduled Income: --
  • Net Operating Income: $62,345
  • Gross Operating Income: $77,880
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $9,600
  • Insurance: $2,520
  • Maintenance: $1,500
  • Water/Sewer: $715

Property Details for 1725 S Sycamore Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5067002044
Location / Neighborhood
Location Information
  • Directions: Between Venice and Washington/West of La Brea - North of the 10 Freeway.
View more facts & features

Local Los Angeles Agent

Sale History for 1725 S Sycamore Ave

Last sold for $950,000 on April 15th, 2020

  • April, 2020

  • Apr 15, 2020

    Date

    Sold

    CRMLS: 20567264

    $950,000

    Price

  • Apr 8, 2020

    Date

    Pending

    CRMLS: 20567264

    $799,000

    Price

  • Mar 30, 2020

    Date

    Active

    CRMLS: 20567264

    $799,000

    Price

  • April, 2020

  • Apr 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

  • February, 2016

  • Feb 9, 2016

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

Show More

Tax History for 1725 S Sycamore Ave

Assessed Value (2020): $584,512
Year Land Value Improved Value Assessed Value
2020 $411,324 $173,188 $584,512

Home Value Compared to the Market

This property vs the competition

1725 S Sycamore Ave sold on April 15, 2020 for 32.86% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1725 S Sycamore Ave

Detailed summary of property

1725 S Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 5,000 square foot lot. 1725 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $950,000. 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 32.86% lower than the current median priced home. Local homes that are currently for sale include 3721 Exposition Blvd, 3428 S Bronson Ave and 2000 7th Ave. While the average home in Los Angeles, CA is selling in 92 days, 1725 S Sycamore Ave has a days on market of 8 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 1725 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 1725 S Sycamore Ave

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
1,830
Lot Size
5,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5067-002-044

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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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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