NOT LISTED FOR SALE

2401 S Sycamore Ave Los Angeles, CA 90016

Mid-City Neighborhood
-- Bed
-- Bath
7,010 Sq Ft
7,566 Sq Ft Lot

Last Sold July 18, 2019

Last sale price $1,885,000 $269 Per Sq Ft

34 Days on Market

About This Home

As of July 2019

Bring your entrepeneurial skills and vision to this 8 unit investment to create value. Located in West Adams Opportunity zone it has character, charm , and 87% upside in rents beckoning a savvy owner operator. Current owner is retiring from rental business after 45 years and entrusting you with his well maintained property and long term tenants. The building has secure entry, new roof, new water heater, new sewer lines, and updated electrical.

Last Agent to Sell the Property

Keith Moret

Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 04/25/2019

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Jonathan Sedaghat

Jonathan Sedaghat License #01500320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,566

Interior Spaces

  • 7,010 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • 7,566 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5062-025-051

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7010
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 271.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Heating: Wall Gas
  • Water Expense: 3754.00

Fee Information

  • Gas Expense: 894.00
  • Insurance Expense: 2803.00
  • Maintenance Expense: 7200.00
  • Trash Expense: 3900.00

Lot Info

  • Assessed Improvement Value: 117013
  • Assessed Land Value: 29554
  • Assessor Parcel Number: 5062-025-051
  • Geocode Override: No
  • Lot Size Area: 7566

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 16.80
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 46325
  • Type Of Units: Residential
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 22725.00

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

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $1,885,000 -0.8% $269 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $1,900,000 -- $271 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Keith Moret

    Seller's Agent in 2019

    Keith Moret

    Lyon Stahl Investment Real Estate, Inc.

    (310) 617-2240

    6 in this area

    27 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jonathan Sedaghat

    Jonathan Sedaghat

    (310) 438-5885

    2 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 19-459884

The MLS

California Los Angeles County Los Angeles 90016 Mid-City

2401 S Sycamore Ave, Los Angeles, CA

This home is located at 2401 S Sycamore Ave, Los Angeles, CA 90016 since 25 April 2019. This property was built in 1963. 2401 S Sycamore Ave is a home located in Los Angeles County with nearby schools including Cienega Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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