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1844 S Sycamore, Los Angeles, CA 90019
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1844 S Sycamore Los Angeles, CA 90019

$3,600,000 Sold Price as of 05/23/2023
  • 20 Beds
  • 20 Baths
  • 6,623 Sq.Ft.
Sold
$3,600,000 Sold Price as of 05/23/2023 Refinance Your Mortgage
Map preview of 1844 S Sycamore, Los Angeles, CA 90019

Property Overview: 1844 S Sycamore Los Angeles, CA has 20 bedrooms, 20 bathrooms, 6,623 living square feet and 6,253 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before processing.

Listed by Elizabeth Maddox | BRE #01921425 | The 2-4 Unit Specialists
Last checked: 1 minute ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,253
HOA Dues
$0/mo
Year built
2022
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
BB23090042
City
Los Angeles
County
Los Angeles
Time on Site
472 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,700
  • Total Rent: $5,700
  • Pro Forma/Market Rent: $5,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,495
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,395
  • Total Rent: $5,395
  • Pro Forma/Market Rent: $5,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,495
  • Total Rent: $5,495
  • Pro Forma/Market Rent: $5,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.55%
  • Gross Rent Multiplier: 13.94
  • Gross Scheduled Income: $22,085
  • Net Operating Income: $205,242
  • Gross Operating Income: $254,419
  • Vacancy Allowance: $10,601
Annual Expense Breakdown
  • Total Operating Expense: $49,177
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $43,066
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,312
  • Maintenance: $1,600
  • Water/Sewer: $0

Property Details for 1844 S Sycamore

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Interior Features
  • Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Has Fence
  • New Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Back Yard, Landscaped, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 4
  • Year Built Source: Builder
  • Architectural Style: Modern
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on Sycamore, North of Washington Blvd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1844 S Sycamore

Last sold for $3,600,000 on May 23rd, 2023

  • May, 2023

  • May 23, 2023

    Date

    Active

    CRMLS: BB23090042

    $3,600,000

    Price

  • May 23, 2023

    Date

    Sold

    CRMLS: BB23090042

    $3,600,000

    Price

Tax History for 1844 S Sycamore

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1844 S Sycamore sold on May 23, 2023 for 221.43% 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 $543.56 per/sqft which puts the price per square foot 24.92% lower than the current median sale per square foot for the city of Los Angeles.

About 1844 S Sycamore

Detailed summary of property

1844 S Sycamore is a fourplex that recently sold in Los Angeles, CA 90019. This fourplex offered 20 bedrooms, 20 bathrooms, roughly 6,623 living square feet, and sits on an approximately 6,253 square foot lot. 1844 S Sycamore was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $3,600,000. 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 221.43% higher than the current median priced home. Local homes that are currently for sale include 724 S Mansfield Ave, 3820 Montclair St and 4024 Nicolet Ave. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1844 S Sycamore 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 1844 S Sycamore

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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Lot Size
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Type
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Pool
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County
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Lot#
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APN
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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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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(714) 706-1823

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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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