NOT LISTED FOR SALE

157 S Sycamore Ave Los Angeles, CA 90036

Hancock Park Neighborhood
8 Beds
6 Baths
7,348 Sq Ft
7,504 Sq Ft Lot

Last Sold August 20, 2020

Last sale price $2,550,000 $347 Per Sq Ft

144 Days on Market

Highlights

  • 4 Car Detached Garage
  • Double Pane Windows
  • Ceiling Fan
  • Third Street Elementary School Rated A
  • Intercom

About This Home

As of August 2020

157 S Sycamore Avenue is a two-story, 6-unit property that was constructed in1927 on a 7,503 square foot R3 lot, with a total building size of 7,348 square feet. The well-maintained property is separately metered for gas and electric, serviced by individual water heaters, and has copper plumbing throughout. The property offers controlled access for units 157, 159, 161, 161 ½, and gated access for units 161 ¼ and 161 ¾. The property offers newer double-pane windows and four garage spaces located in the rear of the property with alley access.157 S Sycamore Avenue boasts spacious floor plans with a highly desirable unit mix of two two-bedroom/one-bathroom units, two one-bedroom with den/one-bathroom units, and two one-bedroom/one-bathroom units. Three of the units have been extensively renovated with stainless steelappliances in the kitchens, granite and marble countertops, and laminate flooring throughout.

Last Agent to Sell the Property

James Brechlin

CB Richard Ellis, Inc. License #01861987 Listed on: 03/09/2020

Last Buyer's Agent

Thomas Magiar

Keller Williams Los Angeles License #01403577

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,504

Parking

  • 4 Car Detached Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 7,348 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • 7,504 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5513-018-023

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: Yes
  • Building Permit: No
  • Living Area: 7348
  • Lot Acreage: 0.1723
  • Probate: No
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Intercom, Microwave, Refrigerator, Range/Oven, Freezer
  • Price Per S Q F T: 384.46
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None
  • Paved: Yes
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage, Detached
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 38.09
  • Assessed Improvement Value: 225630
  • Assessed Land Percent: 61.91
  • Assessed Land Value: 366745
  • Total Assessed Value: 592375
  • Assessor Parcel Number: 5513-018-023
  • Lot Size Area: 7504

Rental Info

  • Monthly Gross Income: 12559.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.74
  • Number Of Units: 6
  • Type Of Units: Apartment

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $2,550,000 -9.7% $347 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $2,825,000 -2.6% $384 / Sq Ft
03/09/2020 03/09/20 For Sale $2,900,000 -- $395 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Brechlin

    CB Richard Ellis, Inc.

    Section Image
  • Thomas Magiar

    Buyer's Agent in 2020

    Thomas Magiar

    Keller Williams Los Angeles

    (310) 270-7428

    11 Total Sales

    Thomas Magiar
    Section Image
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Map

Source: The MLS

MLS Number: 20-589906

The MLS
California Los Angeles County Los Angeles 90036 Hancock Park

157 S Sycamore Ave, Los Angeles, CA

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