1861 S Sycamore Avenue

Los Angeles, CA
$ 1,650,000 Beds 8 Baths 7 Sq 4,883
Monthly Estimate* How much can I afford?

An exciting investment for an ideal buyer seeking a value add building. This seven unit gated complex is in the heart of mid-city zoned RD1.5 and located in an opportunity zone. It has a 4.6% cap rate and 14 GRM. This well maintained building has charming courtyards throughout and five units have garage spaces. This multi-family property consist of a mix of (4) spacious one-bedrooms one bath, (2) two bedrooms one bath, and one-studio. Two of the one -bedroom units will be delivered vacant. The units have a mix of updates throughout including remodeled kitchens, flooring, and bathrooms offering plenty of natural light in several of the units. Each unit has separate gas and electrical meters. The building needs soft retrofitting and is reflected in the price. Retrofit plans and permits have been pulled. Buyer to investigate. Please do not disturb tenants.

Pending

  • Price
  • $ 1,650,000
  • Lot Size
  • 7,651 SqFt
  • Bedrooms
  • 8
  • Sqr Footage
  • 4,883
  • Full Bathrooms
  • 7
  • Year Built
  • 1948
  • Half Bathrooms
  • 0
  • City, Zip
  • Los Angeles
  • County
  • LOS ANGELES
  • Style
  • Traditional
  • Area
  • Mid Los Angeles
  • MLS#
  • 21705992
  • Zip
  • 90019
Listing Provided by: Michelle Colbert with Keller Williams Hollywood Hills.
Data Source: California Regional MLS (CRMLS) - 25 - CA

Features

General

Architectural Style Traditional
Cooling None
Garage Spaces 5
Garage Y/N Yes
Heating Wall Furnace
Listing Agent Michelle Colbert - BRE#01937337
Listing Agent State License 01937337
MLS Area C16 - Mid Los Angeles
Property Type Residential Income
Special Listing Conditions Standard
Status Pending
Total Units 7
View None
Zoning LARD1.5

Interior Features

Heating Y/N Yes

Exterior Features

Lot Size Acres 0.17
Lot Size Area 7651
Lot Size Square Feet 7651
Lot Size Units Square Feet
Number of Buildings 1
Parking Features On Street
Total Parking 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Newport Beach, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/16/2021 Listed $1,650,000

Property vs Zip Code Average in 90019

Price
AVG $1.25M
$1.65M
Visits
AVG 46
56
Year Built
AVG 1937
1948
Walkscore
AVG 84
77
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1861 S Sycamore Avenue Los Angeles, CA is a Single Family Home for sale at $1650000 with 4883 sqft and a lot size of 7,651 SqFt Acre(s). 1861 S Sycamore Avenue Los Angeles has 8 bedrooms, 7 baths and was built in 1948. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.