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

$1,236,000 Sold Price as of 06/11/2019
  • 3 Beds
  • 2 Baths
  • 2,189 Sq.Ft.
Sold
$1,236,000 Sold Price as of 06/11/2019 Refinance Your Mortgage

Map preview of 917 S Sycamore Ave, Los Angeles, CA 90036

Property Overview: 917 S Sycamore Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,189 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: An amazing opportunity to own side-by-side duplex in the heart of Miracle Miles with HUGE rental upside potential. Both units have large living room, dining area and spacious kitchen. Original hardwood floors throughout, newer windows and laundry hookup in both units. Lovely big backyard for relaxation and entertainment. Centrally located close to Beverly Hills, Hollywood, Korea Town and FWY. Walking distance to LACMA, The Grove, new Metro Rail Station and many restaurants, markets & retail shops.

Listed by Connie Kim | BRE #01847384 | Masters Realty Group
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,457
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19460764
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
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,722
  • Total Rent: $1,722
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.68%
  • Gross Rent Multiplier: 28
  • Gross Scheduled Income: --
  • Net Operating Income: $29,292
  • Gross Operating Income: $38,052
  • Improvements Total: $153,129
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $2,000
  • Water/Sewer: $1,800

Property Details for 917 S Sycamore Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 5084004013
Location / Neighborhood
Location Information
  • Directions: North of Olympic & one block East of La Brea
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Sale History for 917 S Sycamore Ave

Last sold for $1,236,000 on June 11th, 2019
  • June, 2019

  • Jun 12, 2019

    Date

    Sold

    CRMLS: 19460764

    $1,236,000

    Price

  • May 17, 2019

    Date

    Active Under Contract

    CRMLS: 19460764

    $1,200,000

    Price

  • May 13, 2019

    Date

    Price Change

    CRMLS: 19460764

    $1,200,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: 19460764

    $1,090,000

    Price

  • June, 2019

  • Jun 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,236,000

    Price

  • August, 2008

  • Aug 11, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 917 S Sycamore Ave

Assessed Value (2020): $1,260,720
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $240,720 $1,260,720

Home Value Compared to the Market

This property vs the competition

917 S Sycamore Ave sold on June 11, 2019 for 6.19% 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 $548.2 per/sqft which puts the price per square foot 27.3% lower than the current median sale per square foot for the city of Los Angeles.

About 917 S Sycamore Ave

Detailed summary of property

917 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 2,189 living square feet, and sits on an approximately 6,457 square foot lot. 917 S Sycamore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,236,000. 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 6.19% higher than the current median priced home. Local homes that are currently for sale include 1632 Crenshaw Blvd, 1847 S Curson Ave and 1407 5th Ave. While the average home in Los Angeles, CA is selling in 99 days, 917 S Sycamore Ave has a days on market of 17 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 917 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 917 S Sycamore Ave

Public county record property details
Beds
3
Baths
2
Year built
1923
Sq. Ft.
2,189
Lot Size
6,457
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5084-004-013

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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Related Resources to 917 S 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.