606 N Sycamore Ave, Los Angeles, CA 90036
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606 N Sycamore Ave Los Angeles, CA 90036

$2,480,000
  • 8 Beds
  • 6 Baths
  • 5,008 Sq.Ft.
For Sale
$2,480,000 Get Pre-Qualified

Map preview of 606 N Sycamore Ave, Los Angeles, CA 90036

Property Overview: 606 N Sycamore Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 5,008 living square feet and 7,427 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: Trendy & well-located Spacious Spanish-style 5 unit complex in great pocket! Next to great eateries, shops and walking distance to Melrose (Pink's), 7 minutes to the Grove, 18 minutes to Hilton & Highland. Tons of upside and the perfect mix: 1: 3 Bedroom 2 Bath, 1: 2 Bedroom + 1 Bath, 3: 1 Bedroom + 1 Bath in a high-demand rental pocket. This Spanish-style has loads of charm and character in a great community close to good schools & community. The building has been upgraded with an updated roof & upper deck. Great occupants & rental market & improving yearly. Each unit has its own washer & dryer. Tenants pay for their gas, electricity, trash & cable/internet.

Listed by Louis Perez | BRE #01218758 | Tradewind Realty
Last checked: 11 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,427
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24389847
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,383
  • Total Rent: $5,175
  • Pro Forma/Market Rent: $5,383
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $2,575
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,183
  • Total Rent: $2,183
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,810
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,810
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,375
  • Total Rent: $2,375
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.89%
  • Gross Rent Multiplier: 13.48
  • Gross Scheduled Income: --
  • Net Operating Income: $121,369
  • Gross Operating Income: $183,912
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 606 N Sycamore Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood, Tile, Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 5
  • Parcel Number: 5525018017
  • Architectural Style: Spanish
  • Property Condition: Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Melrose, West of Highland Blvd. and East of La Brea Blvd.
View more facts & features

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Sale History for 606 N Sycamore Ave

Last leased for $2,095 on June 12th, 2020
  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: 24389847

    $2,480,000

    Price

  • May, 2024

  • May 7, 2024

    Date

    Active

    CRMLS: 24389257

    $2,575

    Price

  • Listing provided courtesy of CRMLS

    Quaint & Spacious 5-unit Spanish building - Spacious 1920's Spanish-style apartment in trendy neighborhood Lower unit in 5-unit building. 1-car Parking Included, large capacity washer, dryer, refrigerator, stove. Great; centrally located near all the shops & restaurants. New air conditioner. Very nice & well-positioned unit. Close to Farmer's Market., Melrose shops and eateries. bright and pleasant unit. This home is perfect for your next move!

  • March, 2024

  • Mar 17, 2024

    Date

    Canceled

    CRMLS: 24344663

    $2,589,000

    Price

  • Jan 7, 2024

    Date

    Active

    CRMLS: 24344663

    $2,589,000

    Price

  • Listing provided courtesy of CRMLS

    Trendy & well-located 5 unit complex next to great eateries, shops and walking distance to Melrose (Pink's), 7 minutes to the Grove, 18 minutes to Hilton & Highland. Tons of upside and the perfect mix: 1: 3 Bedroom 2 Bath, 1: 2 Bedroom + 1 Bath, 3: 1 Bedroom + 1 Bath in a high-demand rental pocket. This Spanish-style has loads of charm and character in a great community close to good schools & community. The building has been upgraded with an updated roof & upper deck. Great occupants & rental market & improving yearly. Inquire about the upside in rents & for a set up/proforma sheet supplied upon request. Each unit has its own washer & dryer. Tenants pay for their gas and electricity. Bread/Butter building.

  • December, 2020

  • Dec 30, 2020

    Date

    Expired

    CRMLS: 20629288

    $1,900

    Price

  • Dec 19, 2020

    Date

    Price Change

    CRMLS: 20629288

    $1,900

    Price

  • Dec 14, 2020

    Date

    Price Change

    CRMLS: 20629288

    $1,925

    Price

  • Nov 30, 2020

    Date

    Price Change

    CRMLS: 20629288

    $1,950

    Price

  • Nov 19, 2020

    Date

    Price Change

    CRMLS: 20629288

    $1,985

    Price

  • Nov 2, 2020

    Date

    Price Change

    CRMLS: 20629288

    $2,075

    Price

  • Oct 17, 2020

    Date

    Price Change

    CRMLS: 20629288

    $2,095

    Price

  • Sep 22, 2020

    Date

    Price Change

    CRMLS: 20629288

    $2,150

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: 20629288

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Trendy 1 Bedroom next to Melrose/Highland Lower units in 5-unit building. 1-car Parking Included. Washer & Dryer. Spacious 1 bedroom 1 bath with all appliances. Great & centrally located near all the shops & restaurants. Great character building and location. Close to eateries and shopping.

  • June, 2020

  • Jun 15, 2020

    Date

    Leased

    CRMLS: 20581050

    $2,095

    Price

  • May 28, 2020

    Date

    Price Change

    CRMLS: 20581050

    $2,150

    Price

  • May 20, 2020

    Date

    Active

    CRMLS: 20581050

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Trendy 1 Bedroom next to Melrose/Highland Lower units in 5-unit building. 1-car Parking Included. Spacious 1 bedroom 1 bath with all appliances. Great & centrally located near all the shops & restaurants. Great character building and location. Close to eateries and shopping.

  • October, 2017

  • Oct 16, 2017

    Date

    Active Under Contract

    CRMLS: 17212284

    $2,345,000

    Price

  • Oct 13, 2017

    Date

    Sold

    CRMLS: 17212284

    --

    Price

  • Jul 23, 2017

    Date

    Active Under Contract

    CRMLS: 17212284

    $2,345,000

    Price

  • Jun 6, 2017

    Date

    Price Change

    CRMLS: 17212284

    $2,345,000

    Price

  • May 23, 2017

    Date

    Price Change

    CRMLS: 17212284

    $2,389,000

    Price

  • May 18, 2017

    Date

    Active

    CRMLS: 17212284

    $2,459,000

    Price

  • May 18, 2017

    Date

    Price Change

    CRMLS: 17212284

    $2,459,000

    Price

  • May 1, 2017

    Date

    Active Under Contract

    CRMLS: 17212284

    $2,380,000

    Price

  • Apr 11, 2017

    Date

    Price Change

    CRMLS: 17212284

    $2,380,000

    Price

  • Mar 17, 2017

    Date

    Active

    CRMLS: 17212284

    $2,489,000

    Price

  • Listing provided courtesy of CRMLS

    TRENDY & WELL-LOCATED 5 UNIT COMPLEX WITH LOTS OF UPSIDE WITH THE PERFECT MIX: 1: 3 BEDROOM 2 BATH, 1: 2 BEDROOM + 1 BATH, 3: 1 BEDROOM + 1 BATH - THE 2 BEDROOM UNIT IS VACANT AND THE RENT FOR THAT UNIT IS PROJECTED. THE REST OF THE RENTS ARE ACTUAL. THIS SPANISH STYLE HOUSE WITH LOADS OF CHARM & CHARACTER IN ITS GREAT COMMUNITY IS IN A HIGH DEMAND AREA CLOSE TO EATERIES & ENTERTAINMENT. BUILDING HAS UPGRADES & JUST FRESHLY PAINTED. GREAT OCCUPANTS & RENTAL MARKET. INQUIRE ABOUT THE UPSIDE IN RENTS WITH THE PRESENT VACANCIES AND ONE OTHER UPCOMING. EACH UNIT HAS ITS OWN WATER & DRYER HOOK UP. TENANTS PAY THEIR OWN GAS & ELECTRICITY.

  • April, 2015

  • Apr 28, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2015

  • Apr 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $2,150,000

    Price

Show More

Tax History for 606 N Sycamore Ave

Assessed Value (2020): $2,362,715
Year Land Value Improved Value Assessed Value
2020 $1,648,406 $714,309 $2,362,715

Home Value Compared to the Market

This property vs the competition

606 N Sycamore Ave is listed 98.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $495.21 per/sqft which puts the price per square foot 36.27% lower than the median price per square foot for the city of Los Angeles.

About 606 N Sycamore Ave

Detailed summary of property

606 N Sycamore Ave is a multi family located in Los Angeles, CA 90036 and is currently for sale. This multi family property offers 8 bedrooms, 6 bathrooms, roughly 5,008 living square feet, and sits on an approximately 7,427 square foot lot. 606 N Sycamore Ave was first listed on ArdentRealEstateGroup.com on May 9, 2024. The homeowner is currently asking $2,480,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 98.4% higher than the median priced home. Local competing homes currently for sale include 7401 Fountain Ave, 358 N Ogden Dr and 823 N Ogden Dr. While the average home in Los Angeles, CA is selling in 92 days, 606 N Sycamore Ave has a days on market of 11 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 606 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 606 N Sycamore Ave

Public county record property details
Beds
8
Baths
6
Year built
1927
Sq. Ft.
5,008
Lot Size
7,424
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
146
APN
5525-018-017

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.
$883
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
45
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Related Resources to 606 N Sycamore Ave

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.