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819 N Sycamore Ave, Los Angeles, CA 90038
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819 N Sycamore Ave Los Angeles, CA 90038

$2,900,000 Sold Price as of 02/08/2024
  • 8 Beds
  • 6 Baths
  • 4,649 Sq.Ft.
Sold
$2,900,000 Sold Price as of 02/08/2024 Refinance Your Mortgage
Map preview of 819 N Sycamore Ave, Los Angeles, CA 90038

Property Overview: 819 N Sycamore Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 4,649 living square feet and 8,157 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2022 construction Spanish style triplex in the Media District neighborhood in Fairfax! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom! All units are rented and provide strong and stable rental income. Offered at a 5.00% cap rate and at $731/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 3 bedroom units also includes a 2 car garage and 2 outdoor spaces. Each unit also enjoys in-unit laundry. Tenants pay all utilities! Fairfax is a very popular destination for renters as its in close proximity to some of the best restaurants and retail in LA! It is also in close proximity to many major employment hubs!

Listed by John Katnik | BRE #02002695 | BRC Advisors- BH
Last checked: 3 minutes ago | Last updated: February 8th, 2024 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
8,157
HOA Dues
$0/mo
Year built
2022
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23325037
City
Los Angeles
County
Los Angeles
Time on Site
198 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $7,295
  • Total Rent: $14,590
  • Pro Forma/Market Rent: $15,190
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $3,995
  • Pro Forma/Market Rent: $3,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.25
  • Gross Scheduled Income: --
  • Net Operating Income: $169,990
  • Gross Operating Income: $218,560
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 819 N Sycamore Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Electric, Living Room
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5525005025
  • Year Built Source: Builder
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Melrose and East of La Brea
View more facts & features

Local Los Angeles Agent

Sale History for 819 N Sycamore Ave

Last sold for $2,900,000 on February 8th, 2024

  • February, 2024

  • Feb 8, 2024

    Date

    Sold

    CRMLS: 23325037

    $2,900,000

    Price

  • Oct 24, 2023

    Date

    Active

    CRMLS: 23325037

    $3,400,000

    Price

  • August, 2023

  • Aug 9, 2023

    Date

    Leased

    CRMLS: 22161009

    $6,995

    Price

  • May 25, 2022

    Date

    Active

    CRMLS: 22161009

    $8,800

    Price

  • Listing provided courtesy of CRMLS

    ***INQUIRE ABOUT OUR MOVE-IN SPECIAL!!!***Experience a brand new home, built by Thomas James Homes, without all the financial strings attached! This Spanish style Hollywood residence offers a luxury single family home with 3 bedrooms, 2.5 baths, tandem garage and driveway with two spaces. A covered front porch w/ Ring doorbell welcomes you into the light and bright foyer, where you will find a powder bath with pedestal sink. Throughout this home, you will find wide plank oak style vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white shaker cabinets with soft close doors and drawers, and white quartz countertops. The chef inspired kitchen includes a walk in pantry, island with bar seating and pendant lighting, subway tile backsplash, and brand new stainless steel Bertazzoni appliances. Entertain in the dining, which has a decorative light fixture, or cozy up by the gas fireplace of the great room while sliding doors beckon you out into the back yard with patio. Just inside from the tandem garage (wired for an electric vehicle charging station) you'll find a drop zone with bench seat. Upstairs loft, tech space with data outlet, linen shelving and dedicated laundry suite with sink, washer and dryer included. Two secondary bedrooms with shared bath, and grand suite with walk in closet and en suite bath with dual sink vanity and walk in shower with seat.

  • July, 2023

  • Jul 15, 2023

    Date

    Leased

    CRMLS: 23274215

    $3,995

    Price

  • May 25, 2023

    Date

    Active

    CRMLS: 23274215

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Newly built by Thomas James Homes features a gorgeous bungalow just steps away from the main home. As you enter the bungalow, you are greeted by a spacious great room, perfect for mingling with family and friends or sitting down for a meal. The chef-inspired kitchen is just steps away and includes top of the line appliances and great counter space for all your cooking needs. There is a bedroom with a full bathroom, and another bedroom that is larger with an en suite, and a walk-in closet.

  • February, 2021

  • Feb 9, 2021

    Date

    Expired

    CRMLS: 19511344

    $1,899,000

    Price

  • Feb 8, 2021

    Date

    Withdrawn

    CRMLS: 19511344

    $1,899,000

    Price

  • Jan 16, 2020

    Date

    Pending

    CRMLS: 19511344

    $1,899,000

    Price

  • Jan 10, 2020

    Date

    Active

    CRMLS: 19511344

    $1,899,000

    Price

  • Dec 9, 2019

    Date

    Pending

    CRMLS: 19511344

    $1,899,000

    Price

  • Nov 5, 2019

    Date

    Active

    CRMLS: 19511344

    $1,899,000

    Price

  • Oct 9, 2019

    Date

    Active Under Contract

    CRMLS: 19511344

    $1,899,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: 19511344

    $1,899,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Hollywood Location, walking distance to Target,Sprouts and great restaurants. Legal triplex. back alley entrance, with electric gate. Property has 6 parking spots. 3 of the parking spots are covered. Concrete slab deck with custom wooden patio covers. Rebuilt wooden decks from rear master bedrooms. All units have Hardwood Floors, copper plumbing, updated electric, new sewer lines. Washer and dryers on 2 of the 3 units. All three have washer/dryer connections. With a lot size over 8000 sf ft could be a great purchase for developer.

  • January, 2020

  • Jan 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

  • August, 2002

  • Aug 20, 2002

    Date

    Sold (Public Records)

    Public Records

    $698,000

    Price

Show More

Tax History for 819 N Sycamore Ave

Assessed Value (2020): $957,517
Year Land Value Improved Value Assessed Value
2020 $527,072 $430,445 $957,517

Home Value Compared to the Market

This property vs the competition

819 N Sycamore Ave sold on February 8, 2024 for 185.71% higher 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 $731.34 per/sqft which puts the price per square foot 3.13% lower than the current median sale per square foot for the city of Los Angeles.

About 819 N Sycamore Ave

Detailed summary of property

819 N Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 4,649 living square feet, and sits on an approximately 8,157 square foot lot. 819 N Sycamore Ave was first listed on ArdentRealEstateGroup.com on October 25, 2023. The homeowner sold the property for $2,900,000. 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 185.71% higher than the current median priced home. Local homes that are currently for sale include 1974 Hillcrest Rd, 6400 Dix St and 6821 Whitley Terrace. While the average home in Los Angeles, CA is selling in 93 days, 819 N Sycamore Ave has a days on market of 58 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 819 N Sycamore Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 819 N Sycamore Ave

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
2,732
Lot Size
8,157
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5525-005-025

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Recently Sold Homes Near 819 N Sycamore Ave

812 N Sycamore Ave, Los Angeles, CA 90038
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0 Baths
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812 N Sycamore Ave
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832 N Sycamore Ave, Los Angeles, CA 90038
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832 N Sycamore Ave
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828 N Detroit St, Los Angeles, CA 90046
$1,560,000 Last Sold Price
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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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