NOT LISTED FOR SALE

2018 N Sycamore Ave Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $1,530,000 - $2,463,671

3 Beds
3 Baths
1,882 Sq Ft
$1,051/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $1,075,000 $571 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,304/month

15 Days on Market

Highlights

  • Panoramic View
  • Midcentury Modern Architecture
  • Satellite Dish

About This Home

As of May 2017

VIEWS and LOCATION! First time on the market since 1969. Mid-century triplex, built in 1953 with TWO 1 bedroom/1 bath units plus a small studio. 1,882 sq. ft. per assessor, buyer to verify. Outstanding Hollywood Hills opportunity to create your showpiece. Keep as income property or reimagine as a single-family home (city permitting, buyer to verify) with unobstructed views to the downtown skyline. Original detail with vaulted ceilings and two fireplaces. This outstanding location provides close proximity to the studios, Hollywood Bowl, Yamashiro, the Metro Red Line, 101 freeway, and the newest Hollywood restaurants. Bring your imagination when you see this untouched Hollywood Hills gem. Property will be delivered empty.Buyer to do their own due diligence on permits, usage, lot size, overall square footage. Note, lot zoned LAR2 but on title as legal triplex. Property under rent control.

Last Agent to Sell the Property

Todd Henricks

Compass License #01977512 Listed on: 04/06/2017

Compass

Last Buyer's Agent

Ron Holliman

Coldwell Banker Realty License #01161952

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,402

Year Built

  • Built in 1953

Lot Details

  • 5,837 Sq Ft Lot
  • Hillside Location

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights

Home Design

  • 1,882 Sq Ft Home
  • Midcentury Modern Architecture

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Satellite Dish

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5549-020-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,402

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Advertising Remarks: VIEWS and LOCATION! First time on the market since 1969. Mid-century triplex, built in 1953 with TWO 1 bedroom/1 bath units plus a small studio. 1,882 sq. ft. per assessor, buyer to verify. Outstanding Hollywood Hills opportunity to create your showpiece. Keep as income property or reimagine as a single-family home (city permitting, buyer to verify) with unobstructed views to the downtown skyline. Original detail with vaulted ceilings and two fireplaces. This outstanding location provides close proximity to the studios, Hollywood Bowl, Yamashiro, the Metro Red Line, 101 freeway, and the newest Hollywood restaurants. Bring your imagination when you see this untouched Hollywood Hills gem. Property will be delivered empty.Buyer to do their own due diligence on permits, usage, lot size, overall square footage. Note, lot zoned LAR2 but on title as legal triplex. Property under rent control.
  • Living Area: 1882
  • Probate: No
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Laundry: Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Gas Dryer Hookup, Range/Oven, Refrigerator, Satellite, Washer
  • Price Per S Q F T: 571.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 36634
  • Assessed Land Value: 58172
  • Assessor Parcel Number: 5549-020-014
  • Geocode Override: No
  • Lot Location: Hillside
  • Lot Size Area: 5837

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Income

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2018
Sold by
Vracko Peter A
Bought by
Liu Calvin and Liu Mimi
Current Estimated Value
$1,978,168

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 1, 2017
Sold by
Verdell William
Bought by
Vracko Peter A
Seller's Agent
Todd Henricks
Compass
Buyer's Agent
Ron Holliman
Coldwell Banker Realty
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$698,750
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2016
Sold by
Verdell William
Bought by
The William Verdell Living Trust

Purchase Details

Closed on
Jan 16, 2015
Sold by
Verdell William and First Amended & Fully Restated
Bought by
Verdell William
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liu Calvin $1,725,000 First American Title Company
Vracko Peter A $1,075,000 California Title Company
The William Verdell Living Trust -- None Available
Verdell William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vracko Peter A $698,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $1,075,000 0.0% $571 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $1,075,000 -- $571 / Sq Ft
Source: The MLS

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 $23,402 $1,962,752 $1,177,651 $785,101
2024 $23,402 $1,924,267 $1,154,560 $769,707
2023 $22,947 $1,886,537 $1,131,922 $754,615
2022 $21,902 $1,849,547 $1,109,728 $739,819
2021 $21,637 $1,813,282 $1,087,969 $725,313
2020 $21,794 $1,795,190 $1,076,814 $718,376
2019 $20,918 $1,760,000 $1,055,700 $704,300
2018 $13,462 $1,097,000 $438,600 $658,400
2016 $1,331 $94,806 $58,172 $36,634
2015 $1,315 $93,383 $57,299 $36,084
2014 $1,341 $91,555 $56,177 $35,378
Source: Public Records

Agents Affiliated with this Home

  • Todd Henricks

    Seller's Agent in 2017

    Todd Henricks

    Compass

    (310) 913-3470

    13 in this area

    50 Total Sales

    Todd Henricks
    Section Image
  • Ron Holliman

    Buyer's Agent in 2017

    Ron Holliman

    Coldwell Banker Realty

    (310) 777-6216

    4 in this area

    49 Total Sales

    Ron Holliman
    Section Image
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Map

Source: The MLS

MLS Number: 17-217092

The MLS

APN: 5549-020-014

California Los Angeles County Los Angeles 90068 Hollywood Hills

2018 N Sycamore Ave, Los Angeles, CA

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