$1,775,000
$75K PRICE DROP

Estimated payment $11,249/month

Total Views 1,126
4 Beds
4 Baths
3,145 Sq Ft
$564 Price per Sq Ft

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Central Heating

About This Home

A rare and exceptional opportunity in one of Los Angeles' most coveted neighborhoods, 1122 S Sycamore Ave is a breathtaking Spanish-style duplex that exudes timeless elegance and unmatched charm. Each unit is a massive 2-bedroom, 1.5-bathroom residence that feels more like a private home, boasting soaring coved ceilings, gleaming original hardwood floors, and exquisite arched hallways that create a sense of grandeur and sophistication. The expansive living rooms are bathed in natural light, seamlessly flowing into formal dining areas perfect for entertaining. Stunning period details, including curved entryways and intricate plasterwork, add to the home's enchanting character while thoughtful updates ensure modern comfort without compromising its historic beauty.The kitchens are spacious and well-appointed, featuring ample cabinetry, stylish finishes, and room to create a chef's dream space. Each bedroom is generously sized, offering a tranquil retreat with large windows that boast ample natural light. The bathrooms maintain their classic charm. Outside, a private backyard ideal for dining al fresco or unwinding under the California sky. Parking is effortless with a detached two-car garage, two additional driveway spaces, and plentiful street parking. Nestled in a stunning neighborhood surrounded by beautifully preserved homes, this duplex is just minutes from Larchmont Village, The Grove, Beverly Hills, and Downtown LA, making it a prime location with exceptional rental demand. With strong income potential and the opportunity to add even more value through a possible ADU conversion (buyer to verify), this is an unparalleled investment and a rare chance to own a true architectural masterpiece in the heart of Los Angeles.

Listing Agent

Shoshana Shamoeil

LA Estate Brokerage License #02045971 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,366

Year Built

  • Built in 1937

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,145 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 5,156 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-020-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,366

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: A rare investment opportunity in the heart of Los Angeles! 1122 S Sycamore Ave is a stunning Spanish-style duplex offering incredible income potential in one of the city's most desirable rental markets. This character-rich property features two LARGE units with arched doorways, coved ceilings, and hardwood floors, blending historic charm with modern appeal. Both units offer bright, open living spaces, large bedrooms, & updated kitchens. A private backyard provides additional tenant appeal, while the detached garage presents prime ADU potential (buyer to verify) for even greater returns. Located in high-demand Mid-City, just minutes from Larchmont Village, The Grove, and Beverly Hills, this is a turnkey investment with strong rental upside. Whether you're an investor seeking passive income or an owner-occupant looking to offset your mortgage, this is an opportunity you don't want to miss!
  • Living Area: 3145
  • Lot Acreage: 0.1184
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 564.39

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 23.95
  • Assessed Improvement Value: 358413
  • Assessed Land Percent: 76.05
  • Assessed Land Value: 1137828
  • Total Assessed Value: 1496241
  • Assessor Parcel Number: 5084-020-020
  • Lot Size Area: 5156

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.58
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $18,366 $1,526,165 $1,160,584 $365,581
2024 $18,366 $1,496,241 $1,137,828 $358,413
2023 $18,013 $1,466,904 $1,115,518 $351,386
2022 $17,178 $1,438,143 $1,093,646 $344,497
2021 $16,959 $1,409,945 $1,072,202 $337,743
2019 $16,451 $1,368,466 $1,040,400 $328,066
2018 $16,361 $1,341,640 $1,020,000 $321,640
2016 $1,171 $75,539 $30,001 $45,538
2015 $1,158 $74,405 $29,551 $44,854
2014 $1,178 $72,949 $28,973 $43,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $1,775,000 0.0% $564 / Sq Ft
06/30/2025 06/30/25 Off Market $1,775,000 -- --
06/09/2025 06/09/25 Price Changed $1,775,000 -4.1% $564 / Sq Ft
03/28/2025 03/28/25 For Sale $1,850,000 +40.7% $588 / Sq Ft
01/09/2017 01/09/17 Sold $1,315,000 +5.2% $418 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $1,250,000 -- $397 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,315,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- Fidelity Sherman Oaks
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- Title Land
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Unknown
Open $986,250 Adjustable Rate Mortgage/ARM
Previous Owner $45,000 Credit Line Revolving
Previous Owner $147,000 Unknown
Previous Owner $38,000 Credit Line Revolving
Previous Owner $126,456 Unknown
Previous Owner $130,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25517093

The MLS

APN: 5084-020-020