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1852 S Sycamore Ave, Los Angeles, CA 90019
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1852 S Sycamore Ave Los Angeles, CA 90019

$1,450,000 Sold Price as of 09/23/2020
  • 6 Beds
  • 4 Baths
  • 4,886 Sq.Ft.
Sold
$1,450,000 Sold Price as of 09/23/2020 Refinance Your Mortgage
Map preview of 1852 S Sycamore Ave, Los Angeles, CA 90019

Property Overview: 1852 S Sycamore Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,886 living square feet and 6,254 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON MARKET- Best Price per Square foot on the market for 4 plexes in 90019 The Deal fell out of escrow at no fault of the building. Now there may be 2 units delivered free of tenants.... one- 2 bedroom and one- 1 bedroom. THIS DEAL IS CLEAN. PERFECT FOR AN OWNER USER OR FIRST TIME INVESTOR. TAKE ADVANTAGE OF RECORD LOW 30 YEAR FINANCING !!!! 1852 S Sycamore is a charming fourplex located in Mid City LA. The offering provides investors a unique and rare opportunity to acquire an irreplaceable asset with a meaningful rental upside in one of LA’s most up and coming communities. 1852 S Sycamore Avenue was built in 1930 and consists of two 2 bedrooms/1-bathroom units and two 1 Bedroom/ 1 Bath apartments. The units are substantial. The average of the 2 bedrooms is 1,380 (+/-) square feet, while the average of the 1 bedroom is 1,063 (+/-) square feet. The building is positioned over a comfortable 6,253 square foot parcel, zoned RD1.5. Garage parking is provided for 4 vehicles in the rear of the property. Gas and electrical utilities are separately metered and paid by residents. Units have their own laundry hookups for tenant convenience and include one-of-a-kind amenities such as lovely custom stained hardwood floors throughout, formal step-up dining rooms, and even French doors in living room, which open to your own patio in select units.

Listed by Justin White | BRE #01267826 | Justin White
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 124

Home details

Lot Sq. Ft
6,254
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20077194
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,396
  • Total Rent: $1,396
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,164
  • Total Rent: $1,164
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,930
  • Total Rent: $1,930
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,880
  • Net Operating Income: $55,354
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $26,010
  • Electric: $1,600
  • Gas/Fuel: $0
  • New Taxes: $18,700
  • Trash: $0
  • Insurance: $1,710
  • Maintenance: $2,400
  • Water/Sewer: $1,600

Property Details for 1852 S Sycamore Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Value In Land, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5067016021
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Private Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: CONTACT AGENT
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1852 S Sycamore Ave

Last sold for $1,450,000 on September 23rd, 2020

  • September, 2020

  • Sep 23, 2020

    Date

    Sold

    CRMLS: PW20077194

    $1,450,000

    Price

  • Aug 27, 2020

    Date

    Active Under Contract

    CRMLS: PW20077194

    $1,486,000

    Price

  • Jul 22, 2020

    Date

    Price Change

    CRMLS: PW20077194

    $1,486,000

    Price

  • Jul 3, 2020

    Date

    Active

    CRMLS: PW20077194

    $1,496,000

    Price

  • Jun 9, 2020

    Date

    Active Under Contract

    CRMLS: PW20077194

    $1,496,000

    Price

  • Apr 22, 2020

    Date

    Price Change

    CRMLS: PW20077194

    $1,496,000

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: PW20077194

    $1,469,000

    Price

  • September, 2020

  • Sep 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,450,000

    Price

  • February, 2001

  • Feb 22, 2001

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

Show More

Tax History for 1852 S Sycamore Ave

Assessed Value (2020): $385,770
Year Land Value Improved Value Assessed Value
2020 $239,731 $146,039 $385,770

Home Value Compared to the Market

This property vs the competition

1852 S Sycamore Ave sold on September 23, 2020 for 32.68% 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 $304.13 per/sqft which puts the price per square foot 57.99% lower than the current median sale per square foot for the city of Los Angeles.

About 1852 S Sycamore Ave

Detailed summary of property

1852 S Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,886 living square feet, and sits on an approximately 6,254 square foot lot. 1852 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,450,000. 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 32.68% higher than the current median priced home. Local homes that are currently for sale include 1363 Hauser Blvd, 1363 Hauser Blvd and 2530 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 106 days, 1852 S Sycamore Ave has a days on market of 124 days. 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 1852 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 1852 S Sycamore Ave

Public county record property details
Beds
6
Baths
4
Year built
1930
Sq. Ft.
4,886
Lot Size
6,253
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5067-016-021

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%)

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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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