4967 Sycamore Terrace, Los Angeles, CA 90042
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4967 Sycamore Terrace Los Angeles, CA 90042

$1,575,000 Sold Price as of 12/16/2022
  • 9 Beds
  • 7 Baths
  • 3,823 Sq.Ft.
Sold
$1,575,000 Sold Price as of 12/16/2022 Refinance Your Mortgage

Map preview of 4967 Sycamore Terrace, Los Angeles, CA 90042

Property Overview: 4967 Sycamore Terrace Los Angeles, CA has 9 bedrooms, 7 bathrooms, 3,823 living square feet and 15,429 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the Mary P. Field House on the beautiful Professor's Row in Highland Park HPOZ. This 1903 historical heritage Craftsman home was originally built by an Occidental professor for his ex-wife and designed by architect E.P. Mah. This one of a kind compound consists of the 4+2 front home with 2 1+1 units in the rear of the property, on a very spacious lot over 15,000 sq ft. The City of Los Angeles declared this home a Cultural Heritage Landmark in 1988. Furthermore this home is Mills Act approved (property tax savings). This home celebrates a different era where carriages were the common way to get around. The unique Craftsman features throughout the house include original hardwood floors and leaded windows, a Clinker brick fireplace, molding and woodwork. The main living and dining room are the heart of the home, and includes a music room with additional storage underneath the seating. There are 2 bedrooms downstairs and 2 upstairs, as well as a 3rd smaller bedroom and a porch overlooking the beautiful backyard that consists mostly of native California plants. The lot is very large and there is plenty of parking space next to the 2 back units (one will be delivered vacant) and also includes a private yard space with a vegetable garden. Easy access from the back alley that runs alongside the Gold Line. Close to local shops & restaurants. So much potential with this property that is also offered at a lower interest rate (First Republic Bank approved at 3.75%), has filming income potential, Mills Act property tax savings and additional income potential from the two back units. It really is a home that has to be experienced in person.

Listed by Letty Vermeulen Hernandez | BRE #01773473 | Aspire Los Angeles
Last checked: 7 minutes ago | Last updated: December 18th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
15,429
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22215275
City
Los Angeles
County
Los Angeles
Time on Site
609 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $625
  • Total Rent: $625
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • Water/Sewer: $600

Property Details for 4967 Sycamore Terrace

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room
Room Information
  • Flooring: Wood
  • Den, Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: RV Potential
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 3
  • Parcel Number: 5467015008
  • Year Built Source: Other
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N Figueroa St & Ave 50.
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Sale History for 4967 Sycamore Terrace

Last sold for $1,575,000 on December 16th, 2022
  • December, 2022

  • Dec 16, 2022

    Date

    Sold

    CRMLS: 22215297

    $1,575,000

    Price

  • Nov 3, 2022

    Date

    Active

    CRMLS: 22215297

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the Mary P. Field House on the beautiful Professor's Row in Highland Park HPOZ. This 1903 historical heritage Craftsman home was originally built by an Occidental professor for his ex-wife and designed by architect E.P. Mah. This one of a kind compound consists of the front home with 2 1+1 units in the rear of the property, on a very spacious lot over 15,000 sq ft. The City of Los Angeles declared this home a Cultural Heritage Landmark in 1988. Furthermore this home is Mills Act approved (property tax savings). This home celebrates a different era where carriages were the common way to get around. The unique Craftsman features throughout the house include original hardwood floors and leaded windows, a Clinker brick fireplace, molding and woodwork. The main living and dining room are the heart of the home, and includes a music room with additional storage underneath the seating. There are 2 bedrooms downstairs and 2 upstairs, as well as a 3rd smaller bedroom and a porch overlooking the beautiful backyard that consists mostly of native California plants. The lot is very large and there is plenty of parking space next to the 2 back units (one will be delivered vacant) and also includes a private yard space with a vegetable garden. Easy access from the back alley that runs alongside the Gold Line. Close to local shops & restaurants. So much potential with this property that is also offered at a lower interest rate (First Republic Bank approved at 3.75%), has filming income potential, Mills Act property tax savings and additional income potential from the two back units. It really is a home that has to be experienced in person.

  • December, 2022

  • Dec 16, 2022

    Date

    Sold

    CRMLS: 22215275

    $1,575,000

    Price

  • Nov 3, 2022

    Date

    Active

    CRMLS: 22215275

    $1,695,000

    Price

  • March, 1997

  • Mar 20, 1997

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

  • October, 1993

  • Oct 27, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4967 Sycamore Terrace

Assessed Value (2020): $431,855
Year Land Value Improved Value Assessed Value
2020 $409,530 $22,325 $431,855

Home Value Compared to the Market

This property vs the competition

4967 Sycamore Terrace sold on December 16, 2022 for 33.05% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $443.37 per/sqft which puts the price per square foot 43.95% lower than the current median sale per square foot for the city of Los Angeles.

About 4967 Sycamore Terrace

Detailed summary of property

4967 Sycamore Terrace is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 3,823 living square feet, and sits on an approximately 15,429 square foot lot. 4967 Sycamore Terrace was first listed on ArdentRealEstateGroup.com on November 4, 2022. The homeowner sold the property for $1,575,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.05% higher than the current median priced home. Local homes that are currently for sale include 3501 Lifur Ave, 4420 Verdugo Rd and 5150 Ithaca Ave. While the average home in Los Angeles, CA is selling in 100 days, 4967 Sycamore Terrace has a days on market of 11 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 4967 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 4967 Sycamore Terrace

Public county record property details
Beds
6
Baths
4
Year built
--
Sq. Ft.
3,823
Lot Size
15,429
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5467-015-008

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
$1,200,000
Median List Price/Sq.Ft.
$789
Median Sold Price
$1,140,000
Median Sold Price/Sq.Ft.
$895
Total Inventory
90
Median Sale to List Price %
115.27%
Avg Days on Market
19
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (34.62%), Other (7.69%)

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Related Resources to 4967 Sycamore Terrace

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.