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2101 S Sycamore Ave, Los Angeles, CA 90016
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2101 S Sycamore Ave Los Angeles, CA 90016

$1,185,000 Sold Price as of 12/27/2023
  • 5 Beds
  • 4 Baths
  • 2,720 Sq.Ft.
Sold
$1,185,000 Sold Price as of 12/27/2023 Refinance Your Mortgage
Map preview of 2101 S Sycamore Ave, Los Angeles, CA 90016

Property Overview: 2101 S Sycamore Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,720 living square feet and 6,418 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2101 S. Sycamore is a well-maintained and pride-of-ownership value-add fourplex, located in a prime Mid City/Mid Los Angeles neighborhood, surrounded by new construction and close proximity to hip retail and restaurant amenities. The subject building has 1 x 2 bed/1 bath units, and 3 x 1 bed/1 bath units. Some of the units have been updated. The 2-bedroom unit will be delivered vacant at close of escrow, making this a perfect owner-user house-hack property, or value-add investment. There is approximately 51% upside in rents. All units have their own washer and dryer. The property sits on the corner of S. Sycamore and W. 21st St on a large 6,418 square foot parcel zoned LARD2. The tenants benefit from a large, nicely landscaped front and side yard, private patio, private balconies, and four single car garages in the back accessed by an alley. The back garages present an excellent ADU conversion opportunity. This building has been well-maintained and has good bones. Excellent location in the heart of the Mid City neighborhood minutes from the 10 Freeway. Close to all the shopping and dining on Western Avenue. Only five miles from Exposition Park and the University of Southern California. Seven miles to downtown Los Angeles.

Listed by Oron Maher | BRE #01299093 | Maher Commercial Realty
Last checked: 5 minutes ago | Last updated: January 2nd, 2024 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
6,418
HOA Dues
$0/mo
Year built
--
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23309209
City
Los Angeles
County
Los Angeles
Time on Site
251 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,344
  • Total Rent: $1,344
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: 13.35
  • Gross Scheduled Income: --
  • Net Operating Income: $65,259
  • Gross Operating Income: $93,228
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2101 S Sycamore Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 4
  • Parcel Number: 5062011024
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North on La Brea Avenue, West on 21st Street, South on Sycamore Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 2101 S Sycamore Ave

Last sold for $1,185,000 on December 27th, 2023

  • December, 2023

  • Dec 27, 2023

    Date

    Sold

    CRMLS: 23309209

    $1,185,000

    Price

  • Sep 8, 2023

    Date

    Active

    CRMLS: 23309209

    $1,345,000

    Price

  • August, 2022

  • Aug 15, 2022

    Date

    Leased

    CRMLS: 22182185

    $2,790

    Price

  • Jul 23, 2022

    Date

    Active

    CRMLS: 22182185

    $2,790

    Price

  • Listing provided courtesy of CRMLS

    Charming and private 1940s front house casita in prime Mid-City neighborhood awaits you! Lush landscaping perfectly outlines each window inside giving you that "garden single family home" feeling. The property boasts 2 bedrooms, 1 renovated bathroom and modern kitchen with stainless steel appliances, gleaming hardwood floors and tile throughout, fresh paint, washer/dryer hookups, and a functional layout making it seem larger than 830 sf. The house comes equipped with a 1 car garage ideal for parking or extra storage, a spacious front and side yards, and a small back porch perfect for entertaining guests or hanging with your furry friends. You truly get that cozy "I'm at home feeling" at 2101 S Sycamore Ave yet you're in the middle of the city in a very walkable neighborhood. This serene respite is awaiting your gaze! See you soon!

  • July, 2012

  • Jul 9, 2012

    Date

    Sold (Public Records)

    Public Records

    $411,000

    Price

  • February, 2009

  • Feb 10, 2009

    Date

    Sold (Public Records)

    Public Records

    $474,750

    Price

Show More

Tax History for 2101 S Sycamore Ave

Assessed Value (2020): $462,773
Year Land Value Improved Value Assessed Value
2020 $337,793 $124,980 $462,773

Home Value Compared to the Market

This property vs the competition

2101 S Sycamore Ave sold on December 27, 2023 for 4.62% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $457.72 per/sqft which puts the price per square foot 39.37% lower than the current median sale per square foot for the city of Los Angeles.

About 2101 S Sycamore Ave

Detailed summary of property

2101 S Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,720 living square feet, and sits on an approximately 6,418 square foot lot. 2101 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on September 8, 2023. The homeowner sold the property for $1,185,000. 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 4.62% higher than the current median priced home. Local homes that are currently for sale include 1385 S Orange Dr, 2701 S Cloverdale Ave and 1847 S Curson Ave. While the average home in Los Angeles, CA is selling in 94 days, 2101 S Sycamore Ave has a days on market of 79 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2101 S Sycamore Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2101 S Sycamore Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
2,720
Lot Size
6,418
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
698
APN
5062-011-024

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

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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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