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2720 S Sycamore Ave Los Angeles, CA 90016

$1,300,000

8 Beds
5 Baths
2,600 Sq.Ft.

For Sale

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Map preview of 2720 S Sycamore Ave, Los Angeles, CA 90016

Property Overview: 2720 S Sycamore Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 2,600 living square feet and 4,810 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Fourplex, income property located in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA, and Expo Line Station. The main structure consists of 3 br/2ba and two 1 br/1 baths. The additional structure has a 1br/1ba above garage/ storage. APPROVED PLANS to convert bottom units from 1br/1ba TO 2br/1ba... Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 1121 5th Ave, Los Angeles, CA 90019 & 1240 S Muirfield Rd Los Angeles, CA 90019.

Listed by Alan Cruz | BRE #01518829 | Klovus Realty

Last checked: 10 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 107

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Home details

Lot Sq. Ft: 4,810
HOA Dues: $0/mo
Year built: 1932
Garage: 2 Car
Property Type:: Fourplex

Status: Active
MLS#: PW24002541
City: Los Angeles
County: Los Angeles
Time on Site: 113 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2
# of Electric Meters: 4
# of Gas Meters: 4
# of Water Meters: 4

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,100

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,100

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,000
Total Rent: $0
Pro Forma/Market Rent: $3,500

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $980
Total Rent: $980
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $980
Net Operating Income: $1,800
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $11,760
Trash: $1,500
Insurance: $5,000

Open Houses for 2720 S Sycamore Ave

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Property Details for 2720 S Sycamore Ave

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 4
Parcel Number: 5049017026
Year Built Source: Assessor
Entry Level: 1
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: None
Water Source: Public

Location / Neighborhood

Location Information

Directions: From I-10, go south in S. La Brea Ave. Make a right on W Adams Blvd, left on S Sycamore Ave

Neighborhood Information

Community Features: Urban

View more facts & features

Local Los Angeles Agent

Sale History for 2720 S Sycamore Ave

Last sold for $585,000 on February 26th, 2015

January, 2024
Jan 4, 2024

Date

Active

CRMLS: PW24002541

$1,150,000

Price
August, 2023
Aug 12, 2023

Date

Expired

CRMLS: PW23062007

$1,200,000

Price
May 29, 2023

Date

Active

CRMLS: PW23062007

$1,200,000

Price
Listing provided courtesy of CRMLS

Fourplex, income property located in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA, and Expo Line Station. The main structure consists of 3 br/2ba and two 2 br/1 baths. The additional structure has a 1br/1ba above garage/ storage, Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 1121 5th Ave, Los Angeles, CA 90019 & 1240 S Muirfield RdLos Angeles, CA 90019.

Continue Reading
December, 2020
Dec 10, 2020

Date

Active

CRMLS: 20669474

$1,200,000

Price
Listing provided courtesy of CRMLS

Quadruplex, income property in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA and Expo Line Station. Main structure consists of a 3 br/2ba and two 2 br/1 bath . Additional structure has a 1br/1ba above garage/ storage. All units are occupied with tenants, please do not disturb.

Continue Reading
December, 2020
Dec 8, 2020

Date

Expired

CRMLS: 20588120

$1,200,000

Price
Jun 10, 2020

Date

Active

CRMLS: 20588120

$1,200,000

Price
Listing provided courtesy of CRMLS

Quadruplex, income property in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA and Expo Line Station. Main structure consists of a 3 br/2ba and two 2 br/1 bath . Additional structure has a 1br/1ba above garage/ storage. All units are occupied with tenants, please do not disturb.

Continue Reading
February, 2015
Feb 26, 2015

Date

Sold (Public Records)

Public Records

$585,000

Price
March, 1999
Mar 22, 1999

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2720 S Sycamore Ave

Assessed Value (2020): $656,026

Year	Land Value	Improved Value	Assessed Value
2020	$450,563	$205,463	$656,026

Home Value Compared to the Market

This property vs the competition

2720 S Sycamore Ave is listed 4.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $500 per/sqft which puts the price per square foot 35.23% lower than the median price per square foot for the city of Los Angeles.

About 2720 S Sycamore Ave

Detailed summary of property

2720 S Sycamore Ave is a fourplex located in Los Angeles, CA 90016 and is currently for sale. This fourplex offers 8 bedrooms, 5 bathrooms, roughly 2,600 living square feet, and sits on an approximately 4,810 square foot lot. 2720 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 5, 2024. The homeowner is currently asking $1,300,000 and was originally asking $1,150,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.08% higher than the median priced home. Local competing homes currently for sale include 1814 S Sycamore Ave, 1839 S La Brea Ave and 1847 S Curson Ave. While the average home in Los Angeles, CA is selling in 97 days, 2720 S Sycamore Ave has a days on market of 107 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2720 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 2720 S Sycamore Ave

Public county record property details

Beds: 2
Baths: 3
Year built: 1932
Sq. Ft.: 2,600
Lot Size: 4,810
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 325
APN: 5049-017-026

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

$1,150,000

Median List Price/Sq.Ft.

$774

Median Sold Price

$955,000

Median Sold Price/Sq.Ft.

$651

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (26.67%), FHA (0%), VA (0%), Cash (13.33%), Other (33.33%)

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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.