407 N Sycamore Ave Los Angeles, CA 90036

$3,605,000 Sold Price as of 10/31/2017

13 Beds
9 Baths
11,100 Sq.Ft.

Off Market

$3,605,000 Sold Price as of 10/31/2017 Refinance Your Mortgage

Map preview of 407 N Sycamore Ave, Los Angeles, CA 90036

Property Overview: 407 N Sycamore Ave Los Angeles, CA has 13 bedrooms, 9 bathrooms, 11,100 living square feet and 7,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

407 N Sycamore Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 407 N Sycamore Ave

Last sold for $3,605,000 on October 31st, 2017

November, 2020
Nov 16, 2020

Date

Expired

CRMLS: 20633082

$4,695,000

Price
Oct 10, 2020

Date

Withdrawn

CRMLS: 20633082

$4,695,000

Price
Sep 15, 2020

Date

Active

CRMLS: 20633082

$4,695,000

Price
Listing provided courtesy of CRMLS

Sycamore Manor, a 1930's Normandy styled architectural gem, is located on arguably the best block in Hancock Park. This building provides a buyer with the one-of-a-kind opportunity to acquire a performing asset, with significant rent increase potential. The current owner has made significant upgrades throughout including electrical, heating systems, air conditioning, kitchen, and bathroom remodels. With approximately $41,380.56 in loss to lease income, the potential gross could be in excess of $350,000 annually.

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November, 2019
Nov 27, 2019

Date

Expired

CRMLS: 19503768

$4,595,000

Price
Sep 25, 2019

Date

Withdrawn

CRMLS: 19503768

$4,595,000

Price
Aug 26, 2019

Date

Active

CRMLS: 19503768

$4,595,000

Price
Listing provided courtesy of CRMLS

DO NOT CONTACT OWNER PROPERTY STILL UNDER CONTRACT

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November, 2019
Nov 15, 2019

Date

Expired

CRMLS: 19478292

$4,975,000

Price
Jul 30, 2019

Date

Withdrawn

CRMLS: 19478292

$4,975,000

Price
Jul 9, 2019

Date

Price Change

CRMLS: 19478292

$4,975,000

Price
Jun 17, 2019

Date

Active

CRMLS: 19478292

$5,195,000

Price
Listing provided courtesy of CRMLS

Sycamore Manor, a 1930's architectural gem, located on arguably the best block in Hancock Park. Provides a buyer with the rare opportunity to acquire a performing apartment building, with rent increase potential of approximately $94,000. Sycamore Manor's penthouse, now vacant, provides a Buyer with the opportunity to occupy as its own residence or a pied-ÃƒÂ -terre. Upgrades include electrical, heating, Air Conditioning (some units).

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November, 2019
Nov 2, 2019

Date

Expired

CRMLS: 19494938

$4,795,000

Price
Aug 15, 2019

Date

Withdrawn

CRMLS: 19494938

$4,795,000

Price
Aug 2, 2019

Date

Active

CRMLS: 19494938

$4,795,000

Price
Listing provided courtesy of CRMLS

** STILL UNDER CONTRACT DO NOT CALL OWNER**

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November, 2017
Nov 2, 2017

Date

Sold

CRMLS: 17277816

$3,605,000

Price
Oct 11, 2017

Date

Active Under Contract

CRMLS: 17277816

$3,399,000

Price
Oct 7, 2017

Date

Active

CRMLS: 17277816

$3,399,000

Price
Listing provided courtesy of CRMLS

Don't miss out on the rare opportunity to own a building on a extraordinary block in Hancock Park. 1930' French Normandy Style, Restored, Well Maintained. Amazingly nice and Big Units. Hardwood Floors, Tile, Bay Windows, Shatters, Gorgeous Penthouse. Easy to Rent. New water heater, new hot and cold water line, new power line. This property has it ALL. Sold "AS IS"

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October, 2017
Oct 31, 2017

Date

Sold (Public Records)

Public Records

$3,605,000

Price
December, 2001
Dec 5, 2001

Date

Sold (Public Records)

Public Records

$1,760,000

Price

Tax History for 407 N Sycamore Ave

Assessed Value (2020): $3,750,942

Year	Land Value	Improved Value	Assessed Value
2020	$1,872,720	$1,878,222	$3,750,942

About 407 N Sycamore Ave

Detailed summary of property

407 N Sycamore Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90036 and last sold on October 31, 2017 for $3,605,000. This property has 13 bedrooms, 9 bathrooms, roughly 11,100 living square feet, and sits on an approximately 7,501 square foot lot. Homes 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 221.88% higher than the current median priced home. 407 N Sycamore Ave was last sold on October 31, 2017 for $3,605,000. Local nearby listings include 720 N Alta Vista Blvd, 726 N Alta Vista Blvd and 816 N Sycamore Ave. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 407 N Sycamore Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 407 N Sycamore Ave

Public county record property details

Beds: 13
Baths: 9
Year built: 1930
Sq. Ft.: 11,100
Lot Size: 7,501
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 112
APN: 5525-029-014

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,150,000

Median List Price/Sq.Ft.

$937

Median Sold Price

$1,675,000

Median Sold Price/Sq.Ft.

$754

Total Inventory

Median Sale to List Price %

95.71%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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