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2740 S Sycamore Ave, Los Angeles, CA 90016
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2740 S Sycamore Ave Los Angeles, CA 90016

$960,000 Sold Price as of 10/08/2021
  • 4 Beds
  • 3 Baths
  • 1,718 Sq.Ft.
Sold
$960,000 Sold Price as of 10/08/2021 Refinance Your Mortgage
Map preview of 2740 S Sycamore Ave, Los Angeles, CA 90016

Property Overview: 2740 S Sycamore Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,718 living square feet and 4,807 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex in Up and Coming area of West Adams, LARD1.5 zoning. This great income property consists of one 2 bedrooms 1 bathroom unit, and two 1 bedroom 1 bathroom units (title records indicate property as a Duplex). 2 detached garages and a very long driveway that can fit up to 4 cars. Property is in great condition with newer copper plumbing, and roof partially replaced a few years ago. Property is walking distance to the new Metro Link, easy access to 10 fwy, 10 minutes away from all beaches and DTLA. Excellent investment opportunity. All units can be delivered vacant.

Listed by Armando Benitez Medina | BRE #02026253 | Century 21 Realty Masters
Last checked: 11 minutes ago | Last updated: August 28th, 2023 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
4,807
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
DW21162896
City
Los Angeles
County
Los Angeles
Time on Site
1020 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,339
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,039
  • Net Operating Income: $5,639
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $400
  • Electric: $3,000
  • Gas/Fuel: $1
  • Trash: $1,200
  • Insurance: $1,200
  • Water/Sewer: $1,800

Property Details for 2740 S Sycamore Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5049017021
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From DTLA take the 10 Fwy West, exit La Brea Blvd South.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2740 S Sycamore Ave

Last sold for $960,000 on October 8th, 2021

  • August, 2023

  • Aug 21, 2023

    Date

    Canceled

    CRMLS: DW23025308

    $1,349,000

    Price

  • Feb 13, 2023

    Date

    Active

    CRMLS: DW23025308

    $1,399,000

    Price

  • Listing provided courtesy of CRMLS

    The beautiful 2-unit home is located in the quiet neighborhood of Los Angeles. The main home features engineer flooring, high ceilings with recessed lighting, a large window, for ample amounts of sunlight, 3 generously sized bedrooms / 3 bathrooms with marble tiles, dual vanities, and tubs with rain showerheads. The 2nd unit has 2 bedrooms / 1 bathroom with marble tiles and dual vanities. This home has an impressive kitchen with a beautiful marble countertop/breakfast nook, a large undermount sink with marble backsplash, new white shaker cabinets, a brand-new stainless steel gas range, and a dishwasher. Words can't simply describe the feeling you get when you enter this home, come and see for yourself...

  • October, 2022

  • Oct 26, 2022

    Date

    Canceled

    CRMLS: DW22123009

    $999,000

    Price

  • Jun 8, 2022

    Date

    Active

    CRMLS: DW22123009

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 2-unit home located in the quiet neighborhood of Los Angeles. The main home features engineer flooring, high ceilings with recessed lighting, large window, for ample amount of sunlight, 3 generously sized bedroom / 3 bathrooms with marble titles, dual vanities, and tubs with rain showerheads. The 2nd unit has 2 bedrooms / 1 bathrooms with marble titles and dual vanities. This home has an impressive kitchen with a beautiful marble countertop / breakfast nook, large undermount sink with marble backsplash, new white shaker cabinets, brand new stainless steel gas range and dishwasher. Words can't simply describe the feel you get when you enter this home, come and see for yourself.

  • October, 2021

  • Oct 8, 2021

    Date

    Sold

    CRMLS: DW21162896

    $960,000

    Price

  • Sep 15, 2021

    Date

    Pending

    CRMLS: DW21162896

    $915,000

    Price

  • Sep 3, 2021

    Date

    Expired

    CRMLS: DW21162896

    $915,000

    Price

  • Sep 2, 2021

    Date

    Active

    CRMLS: DW21162896

    $915,000

    Price

  • Aug 30, 2021

    Date

    Pending

    CRMLS: DW21162896

    $915,000

    Price

  • Aug 19, 2021

    Date

    Hold

    CRMLS: DW21162896

    $915,000

    Price

  • Aug 6, 2021

    Date

    Active

    CRMLS: DW21162896

    $915,000

    Price

  • Jul 24, 2021

    Date

    Coming Soon

    CRMLS: DW21162896

    $915,000

    Price

  • March, 2004

  • Mar 8, 2004

    Date

    Sold (Public Records)

    Public Records

    $240,000

    Price

Show More

Tax History for 2740 S Sycamore Ave

Assessed Value (2020): $356,099
Year Land Value Improved Value Assessed Value
2020 $182,000 $174,099 $356,099

Home Value Compared to the Market

This property vs the competition

2740 S Sycamore Ave sold on October 8, 2021 for 23.11% lower 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 $532.6 per/sqft which puts the price per square foot 29.46% lower than the current median sale per square foot for the city of Los Angeles.

About 2740 S Sycamore Ave

Detailed summary of property

2740 S Sycamore Ave is a triplex that recently sold in Los Angeles, CA 90016. This triplex offered 4 bedrooms, 3 bathrooms, roughly 1,718 living square feet, and sits on an approximately 4,807 square foot lot. 2740 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on July 25, 2021. The homeowner sold the property for $960,000. 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 23.11% lower than the current median priced home. Local homes that are currently for sale include 2609 W 30th St, 2000 7th Ave and 1510 S Bronson Ave. While the average home in Los Angeles, CA is selling in 93 days, 2740 S Sycamore Ave has a days on market of 24 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2740 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 2740 S Sycamore Ave

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
1,718
Lot Size
4,807
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
320
APN
5049-017-021

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
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
75
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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Thinking of Selling?
Call, Text or Message
(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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