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4947 Sycamore Terrace, Los Angeles, CA 90042
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4947 Sycamore Terrace Los Angeles, CA 90042

$3,595
  • 1 Beds
  • 1 Baths
  • -- Sq.Ft.
For Lease
$3,595 Get Pre-Qualified
Map preview of 4947 Sycamore Terrace, Los Angeles, CA 90042

Property Overview: 4947 Sycamore Terrace Los Angeles, CA has 1 bedrooms, 1 bathrooms, -- living square feet and 17,923 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: Beautiful modern, new construction, 1 bed /1 bath home located right off Figueroa in red-hot Highland Park. This beautiful home has a wonderful layout centered around a bright and cozy living room - vaulted ceilings, skylights and polished concrete floors further accentuate the airiness of the unit. The kitchen is suited with white shaker cabinets, all new appliances, hood vent and quartz countertops. The bathroom has a modern design that includes a tiled shower/tub combo, new vanity, fixtures, and designer tiled floors. The home is cooled and heated by powerful mini-split systems and includes an in-unit washer and dryer. After you've enjoyed all the interior amenities, step outside and enjoy a glass of wine and a beautiful sunset while sitting in your beautifully landscaped private yard. 1 off-street parking space (with outlet for electric vehicle charging) is available for an additional fee.

Listed by Eddie Kohan | BRE #01924499 | Reservoir Partners
Last checked: 14 minutes ago | Last updated: June 22nd, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
17,923
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Other
Status
Active
MLS#
24406997
City
Los Angeles
County
Los Angeles
Time on Site
7 days

Open Houses for 4947 Sycamore Terrace

No upcoming open houses

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Property Details for 4947 Sycamore Terrace

Interior Features
Heating Information
  • Has Heating
  • Heat Pump
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5467015012
  • Architectural Style: Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Figueroa and Avenue 50
View more facts & features

Local Los Angeles Agent

Sale History for 4947 Sycamore Terrace

Last sold for $1,200,000 on July 16th, 2021

  • June, 2024

  • Jun 21, 2024

    Date

    Active

    CRMLS: 24406997

    $3,595

    Price

  • July, 2021

  • Jul 16, 2021

    Date

    Sold

    CRMLS: 21728516

    $1,200,000

    Price

  • Jun 9, 2021

    Date

    Pending

    CRMLS: 21728516

    $1,400,000

    Price

  • May 26, 2021

    Date

    Active Under Contract

    CRMLS: 21728516

    $1,400,000

    Price

  • May 6, 2021

    Date

    Active

    CRMLS: 21728516

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present for sale a charming 5 Unit, value-add multifamily building with a nearly FLAT 19,367 Square Foot Lot in one of LA's Hottest Locations - Highland Park! The property appeals to an astute apartment investor looking to add significant value by unit renovations as well as potential ADU developments. There is approximately 116% upside potential by renovating two (3 Bedroom and 1 Bathroom Units) and 3 (1 Bedroom and 1 Bathroom Units). Market GRM of 9.41 and Market Cap Rate of 7.95%. There are 3 individual structures on the site allowing for above market rents. The property is zoned RD2-1 and is located in Highland Park's Historic Preservation Overlay Zone (HPOZ) and in a Tier 3 Transit Oriented Community (TOC). Buyer to conduct ANY/ALL due diligence including but not limited to the development feasibility, HPOZ limitations, historical preservation, contributing status of property/structures, etc. PLEASE DO NOT DISTURB TENANTS!

  • May, 2021

  • May 6, 2021

    Date

    Canceled

    CRMLS: 21688936

    $1,700,000

    Price

  • Mar 8, 2021

    Date

    Price Change

    CRMLS: 21688936

    $1,700,000

    Price

  • Feb 3, 2021

    Date

    Active

    CRMLS: 21688936

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    ** PRICE REDUCED BY $200,000 ** We are pleased to present for sale this nearly FLAT 19,367 Square Foot Lot in one of LA's Hottest Locations - Highland Park! The property is zoned RD2-1 and is located in Highland Park's Historic Preservation Overlay Zone (HPOZ) and in a Tier 3 Transit Oriented Community (TOC). Buyer to conduct ANY/ALL due diligence including but not limited to the development feasibility, HPOZ limitations, historical preservation, contributing status of property/structures, etc. 4947 Sycamore Terrace is currently being operated as a 5 unit apartment building. PLEASE DO NOT DISTURB TENANTS! Property is nestled at the South End of Highland Park's most dense retail corridor, offering more than (30) restaurants, coffee shops, and bars that are walking distance

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Tax History for 4947 Sycamore Terrace

Assessed Value (2020): $150,441
Year Land Value Improved Value Assessed Value
2020 $79,166 $71,275 $150,441

Home Value Compared to the Market

This property vs the competition

4947 Sycamore Terrace is currently listed for lease 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 $1,236,000. The median price per/sqft for Los Angeles is $775. 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 $247,200 for the down payment and will need roughly $24,720 for closing costs on top of the down payment.

About 4947 Sycamore Terrace

Detailed summary of property

4947 Sycamore Terrace is a other for lease located in Los Angeles, CA 90042. This property offers 1 bedrooms, 1 bathrooms, roughly -- living square feet, and sits on an approximately 17,923 square foot lot. 4947 Sycamore Terrace was first listed on ArdentRealEstateGroup.com on June 22, 2024. The homeowner is currently asking $3,595. Local homes that are currently for sale include 5031 Irvington Pl, 723 N Avenue 54 and 4000 Paige St. While the average home in Los Angeles, CA is selling in 99 days, 4947 Sycamore Terrace has a days on market of 8 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for lease at 4947 Sycamore Terrace Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4947 Sycamore Terrace

Public county record property details
Beds
6
Baths
5
Year built
1907
Sq. Ft.
3,974
Lot Size
17,917
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5467-015-012

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$789
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$763
Total Inventory
93
Median Sale to List Price %
115.91%
Avg Days on Market
20
Loan Type
Conventional (31.25%), FHA (0%), VA (0%), Cash (18.75%), Other (9.38%)

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(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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