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823 S Sycamore Ave, Los Angeles, CA 90036
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823 S Sycamore Ave Los Angeles, CA 90036

$1,605,000 Sold Price as of 12/22/2020
  • 6 Beds
  • 4 Baths
  • 3,987 Sq.Ft.
Sold
$1,605,000 Sold Price as of 12/22/2020 Refinance Your Mortgage
Map preview of 823 S Sycamore Ave, Los Angeles, CA 90036

Property Overview: 823 S Sycamore Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,987 living square feet and 6,457 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FANTASTIC OPPORTUNITY IN MID-WILSHIRE FOR OWNER/USER OR INVESTOR. CHARMING SPANISH STYLE DUPLEX WITH (TWO) 3-BED/2-BATH UNITS. ONE UNIT DELIVERED VACANT FOR AN OWNER/USER OR INVESTOR TO RENT AT TOP MARKET RATE. EACH UNIT APPROXIMATLEY 1,994-SQUARE FEET. WALK SCORE OF 93 (WALKERS PARADISE). LESS THAN TWO MILES FROM BEVERLY HILLS & WITHIN ONE MILE OF THE GROVE, LACMA, THE ORIGINAL FARMERS MARKET, LA BREA TAR PITS, & EL REY THEATRE. LOCATED ADJACENT TO HANCOCK PARK & MIRACLE MILE, WITHIN WALKING DISTANCE TO LA BREA AVENUE & WILSHIRE BOULEVARD. QUALIFIES FOR ATTRACTIVE RESIDENTIAL FINANCING. DESIRABLE MID-WILSHIRE LOCATION IN THE HEART OF LOS ANGELES & WITHIN CLOSE PROXIMITY TO LARCHMONT VILLAGE, WEST HOLLYWOOD, CENTURY CITY, HOLLYWOOD, & DOWNTOWN LOS ANGELES. LOCATED ONE BLOCK FROM THE UPCOMING METRO PURPLE LINE (WILSHIRE/LA BREA).

Listed by Gianluca Jacoli | BRE #01938297 | Shield CRE, Inc.
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,457
HOA Dues
$0/mo
Year built
1928
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
20645508
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,083
  • Total Rent: $3,083
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.18
  • Gross Scheduled Income: --
  • Net Operating Income: $57,962
  • Gross Operating Income: $85,356
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 823 S Sycamore Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 2
  • Parcel Number: 5084003014
Location / Neighborhood
Location Information
  • Directions: East of La Brea Avenue, South of Wilshire Boulevard
View more facts & features

Local Los Angeles Agent

Sale History for 823 S Sycamore Ave

Last sold for $1,605,000 on December 22nd, 2020

  • December, 2020

  • Dec 23, 2020

    Date

    Sold

    CRMLS: 20645508

    $1,605,000

    Price

  • Nov 20, 2020

    Date

    Active Under Contract

    CRMLS: 20645508

    $1,600,000

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: 20645508

    $1,600,000

    Price

  • Nov 2, 2020

    Date

    Active Under Contract

    CRMLS: 20645508

    $1,600,000

    Price

  • Oct 12, 2020

    Date

    Active

    CRMLS: 20645508

    $1,600,000

    Price

  • December, 2020

  • Dec 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,605,000

    Price

Show More

Tax History for 823 S Sycamore Ave

Assessed Value (2020): $265,057
Year Land Value Improved Value Assessed Value
2020 $89,860 $175,197 $265,057

Home Value Compared to the Market

This property vs the competition

823 S Sycamore Ave sold on December 22, 2020 for 41.59% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $401.3 per/sqft which puts the price per square foot 46.78% lower than the current median sale per square foot for the city of Los Angeles.

About 823 S Sycamore Ave

Detailed summary of property

823 S Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,987 living square feet, and sits on an approximately 6,457 square foot lot. 823 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,605,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.59% higher than the current median priced home. Local homes that are currently for sale include 1371 Masselin Ave, 1814 S Sycamore Ave and 4723 Pickford St. While the average home in Los Angeles, CA is selling in 99 days, 823 S Sycamore Ave has a days on market of 18 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 sale at 823 S 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 823 S Sycamore Ave

Public county record property details
Beds
6
Baths
4
Year built
1928
Sq. Ft.
3,987
Lot Size
6,457
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5084-003-014

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.
$963
Median Sold Price
$2,310,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
40
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 823 S Sycamore Ave

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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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