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

$1,370,000 Sold Price as of 07/05/2019
  • 3 Beds
  • 2 Baths
  • 2,230 Sq.Ft.
Sold
$1,370,000 Sold Price as of 07/05/2019 Refinance Your Mortgage
Map preview of 913 S Sycamore Ave, Los Angeles, CA 90036

Property Overview: 913 S Sycamore Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,230 living square feet and 6,458 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Central Realty Advisors is pleased to present this charming duplex, 913 South Sycamore Avenue. Conveniently located in the heart of the Miracle Mile, one of the most popular and in demand neighborhoods in Los Angeles walking distance to The Grove, LACMA and new Metro Rail Station. The property features many recent upgrades including full-kitchen renovations with new shaker cabinets, stainless steel appliances, and more. Featuring 4 parking spots, two one-car garages and a lovely backyard; there is plenty of space for both storage and relaxation. Boasting a 4% CAP rate and LOW owner expenses, this property is perfect for an owner-user or seasoned investor as a portfolio addition! Both units can be delivered vacant by close of escrow, allowing for significant renovations and possible redevelopment opportunities.

Listed by Zachary Grant | BRE #02046001 | Central Realty Advisors Inc
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
6,458
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
19439978
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: 2
  • # of Leased Units: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,858
  • Total Rent: $2,858
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.6%
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $57,808
  • Gross Operating Income: $73,296
  • Garage Rental Income: $0
  • Improvements Total: $200,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,584
  • Water/Sewer: $0

Property Details for 913 S Sycamore Ave

Interior Features
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5084004012
Location / Neighborhood
Location Information
  • Directions: North of Olympic Blvd. South of W. 9th St. East of La Brea Ave. West of S. Mansfield Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 913 S Sycamore Ave

Last sold for $1,370,000 on July 5th, 2019

  • July, 2019

  • Jul 5, 2019

    Date

    Sold

    CRMLS: 19439978

    $1,370,000

    Price

  • May 31, 2019

    Date

    Pending

    CRMLS: 19439978

    $1,395,000

    Price

  • May 29, 2019

    Date

    Active Under Contract

    CRMLS: 19439978

    $1,395,000

    Price

  • Apr 12, 2019

    Date

    Price Change

    CRMLS: 19439978

    $1,395,000

    Price

  • Mar 3, 2019

    Date

    Active

    CRMLS: 19439978

    $1,399,000

    Price

  • July, 2019

  • Jul 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,370,000

    Price

  • February, 2019

  • Feb 21, 2019

    Date

    Expired

    CRMLS: 18409574

    $1,399,000

    Price

  • Jan 10, 2019

    Date

    Price Change

    CRMLS: 18409574

    $1,399,000

    Price

  • Nov 20, 2018

    Date

    Active

    CRMLS: 18409574

    $1,474,995

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location. This gorgeous Spanish style side by side duplex is a gem. Sits on a gorgeous tree-lined street with great curb appeal. Features a two bedroom one bath unit and a one bedroom one bath unit. Both units have formal livings rooms with faux fireplaces and formal dining rooms. Kitchens have been redone with quartz countertops and SS appliances. There are original hardwood floors, in-unit laundry facilities, plenty of natural light with arches and many period features of 1920's architecture. There is a detached two car garage and a large yard with lots of privacy. Both units are individually metered. Two blocks from the new Wilshire/La Brea Metro station and just minutes from the $650M expansion of the LACMA Museums and Gardens. BOTH UNITS WILL BE OPEN FOR SHOWING TUESDAY 12TH 11-2.

  • August, 2016

  • Aug 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,090,000

    Price

Show More

Tax History for 913 S Sycamore Ave

Assessed Value (2020): $1,370,000
Year Land Value Improved Value Assessed Value
2020 $1,120,000 $250,000 $1,370,000

Home Value Compared to the Market

This property vs the competition

913 S Sycamore Ave sold on July 5, 2019 for 23.45% 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 $625.56 per/sqft which puts the price per square foot 17.03% lower than the current median sale per square foot for the city of Los Angeles.

About 913 S Sycamore Ave

Detailed summary of property

913 S Sycamore Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 2,230 living square feet, and sits on an approximately 6,458 square foot lot. 913 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,370,000. 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 23.45% higher than the current median priced home. Local homes that are currently for sale include 4723 Pickford St, 1618 S Burnside Ave and 1946 S Harcourt Ave. While the average home in Los Angeles, CA is selling in 99 days, 913 S Sycamore Ave has a days on market of 70 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 913 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 913 S Sycamore Ave

Public county record property details
Beds
3
Baths
2
Year built
1924
Sq. Ft.
2,230
Lot Size
6,457
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5084-004-012

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%)

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Recently Sold Homes Near 913 S Sycamore Ave

917 S Sycamore Ave, Los Angeles, CA 90036
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917 S Sycamore Ave
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854 S Sycamore Ave, Los Angeles, CA 90036
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854 S Sycamore Ave
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927 S Sycamore Ave, Los Angeles, CA 90036
$1,130,000 Last Sold Price
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927 S Sycamore Ave
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921 S Mansfield Ave, Los Angeles, CA 90036
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3960 Sq.Ft.
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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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