NOT LISTED FOR SALE

109 S Sycamore Ave Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $2,294,000 - $2,961,823

10 Beds
6 Baths
6,000 Sq Ft
$428/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $2,136,000 $356 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,087/month

363 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Laundry Room
  • Third Street Elementary School Rated A
  • No HOA
  • Shed

About This Home

As of February 2016

*** Beautiful Mediterranean style Fourplex in Highly Desirable Hancock Park. Two Spacious 3 Bedroom/2 Bath Units, Perfect for Families, and Two Large 2 Bedroom Units as well! Great for Owners to live and generate income, or Investor Opportunity. Many Upgrades including newer Central Heat/AC in all units, hardwood floors. Newer roof, Beautifully updated kitchens and bathrooms with beautiful tile work! Laundry hookups in each unit. ****DO NOT DISTURB TENANTS*** Interior Showings with Accepted Offers Only, Expenses are estimated, 100% Occupied and Rents are actual. Please call or email Listing agent for more information and details. Tenants pay gas, trash, elect. and cable.

Last Agent to Sell the Property

Christina Warrell

NON-MEMBER/NBA or BTERM OFFICE License #01901616 Listed on: 01/27/2016

Last Buyer's Agent

Naomi Hartman

Coldwell Banker Realty License #00769979

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,925

Year Built

  • Built in 1926

Lot Details

  • 7,503 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Sprinkler System

Home Design

  • Mediterranean Architecture
  • Property Attached
  • Combination Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Parking Available
  • Uncovered Parking

Outdoor Features

  • Shed
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 84
  • Tax Tract Number 8498
  • Assessor Parcel Number 5513018037

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,250
  • Gardener Expense $1,200
  • Insurance Expense $2,210
  • Maintenance Expense $3,100
  • Professional Management Expense $3,000
  • Water Sewer Expense $2,900
  • Gross Income $10,810
  • Net Operating Income $116,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,925

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Fridges;stoves;dishwashers;washers;dryers
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2900.00
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5513018037
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 356.00

Exterior Features

  • Foundation: Combination
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7503.00
  • Price Per Lot Square Foot: 284.69
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 1250.00
  • Gross Income: 10810.00
  • Gross Scheduled Income: 129720.00
  • Insurance Expense: 2210.00
  • Lot Size Area: 7503.0000 Square Feet
  • Maintenance Expense: 3100.00
  • Net Operating Income: 116060.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13660.00
  • Other Income Description: no other income besides rents
  • Rent Control: Yes
  • Total Actual Rent: 10810.00

Tax Info

  • Tax Lot: 84
  • Tax Tract Number: 8498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 18, 2016
Sold by
Silva Anthony Jacob
Bought by
Rcb Equities 18 Llc
Seller's Agent
Christina Warrell
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Naomi Hartman
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,136,000
Premium/Discount to List
-$659,000
-23.58%
Current Estimated Value
$2,568,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,274
Avg. Annual Appreciation
1.92%

Purchase Details

Closed on
Oct 13, 2014
Sold by
Coyote Carrot Development Llc
Bought by
Silva Anthony Jacob

Purchase Details

Closed on
Sep 23, 2014
Sold by
Silva Anthony Jacob
Bought by
Coyote Carrot Development Llc

Purchase Details

Closed on
May 27, 2014
Sold by
Coyote Carrot Development Llc
Bought by
Silva Anthony Jacob

Purchase Details

Closed on
May 17, 2014
Sold by
Silva Anthony Jacob
Bought by
Cayote Carrott Development Llc

Purchase Details

Closed on
May 7, 1998
Sold by
Kollel Los Angeles
Bought by
Silva Anthony Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,616
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rcb Equities 18 Llc $2,136,000 Fidelity National Title Co
Silva Anthony Jacob -- None Available
Coyote Carrot Development Llc -- None Available
Silva Anthony Jacob -- None Available
Cayote Carrott Development Llc -- None Available
Silva Anthony Jacob $192,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Anthony Jacob $35,616
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $2,136,000 -23.6% $356 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
02/13/2015 02/13/15 For Sale $2,795,000 -- $466 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,925 $2,528,585 $1,775,693 $752,892
2024 $30,925 $2,479,006 $1,740,876 $738,130
2023 $30,339 $2,430,399 $1,706,742 $723,657
2022 $28,954 $2,382,745 $1,673,277 $709,468
2021 $28,587 $2,336,025 $1,640,468 $695,557
2020 $28,876 $2,312,473 $1,623,648 $688,825
2019 $27,746 $2,267,139 $1,591,812 $675,327
2018 $27,565 $2,222,694 $1,560,600 $662,094
2016 $11,395 $884,766 $526,809 $357,957
2015 $11,238 $871,477 $518,896 $352,581
2014 $11,295 $854,407 $508,732 $345,675
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christina Warrell

    NON-MEMBER/NBA or BTERM OFFICE

  • N

    Buyer's Agent in 2016

    Naomi Hartman

    Coldwell Banker Realty

  • L

    Buyer Co-Listing Agent in 2016

    Leah Brenner

    Coldwell Banker Realty

    (323) 244-6157

    Leah Brenner
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15031663

California Regional Multiple Listing Service (CRMLS)

APN: 5513-018-037

California Los Angeles County Los Angeles 90036 Hancock Park

109 S Sycamore Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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