NOT LISTED FOR SALE

308 N Sycamore Ave Unit 504 Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $1,734,000 - $2,765,000

3 Beds
2.5 Baths
2,325 Sq Ft
$946/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $2,236,460 $962 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $15,519/month

34 Days on Market

Highlights

  • Fitness Center
  • Automatic Gate
  • 0.72 Acre Lot
  • In Ground Pool
  • City Lights View
  • Living Room with Fireplace

About This Home

As of June 2022

Exquisite Penthouse in the legendary Faubourg St. Denis, built in 1928 by Golden Age architect James N. Conway. A rare offering on the 5th floor of this historic French Normandy style building, corner unit boasts South/West views and exceptional period details. Dramatic and bright as you enter through a 28-foot-long foyer with custom marble floors, vaulted beam ceiling w/skylight and open to all the main rooms. An elegant living room features hardwood floors, stone fireplace, steel casement leaded windows, 14-foot ceilings, and French Doors that open to a formal dining room. Large gourmet kitchen with marble counters, custom cabinets, and top of the line appliances. Primary Suite w/private foyer, ample closet space, luxurious bath with dual sinks, soaking tub and separate shower. An additional guestroom with en suite bathroom, sitting area, a wood paneled library with built-in bookcases (that is an optional 3rd bedroom). Utility room with work space, laundry, and prep kitchen, with a separate service entrance. Building amenities include on site manager, double gated entry, gated garage, gym with sauna and gorgeous pool & spa area. Truly one of the most beautiful Penthouse units available in Los Angeles.

Last Agent to Sell the Property

Josh Myler

The Agency License #01443547 Listed on: 04/21/2022

The Agency

Last Buyer's Agent

Josh Myler

The Agency License #01443547 Listed on: 04/21/2022

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,084

Year Built

  • Built in 1928

Lot Details

  • 0.72 Acre Lot
  • Gated Home
  • Property is zoned LAR3

HOA Fees

  • $1,616 Monthly HOA Fees

Home Design

  • French Architecture
  • Entry on the 5th floor

Interior Spaces

  • 2,325 Sq Ft Home
  • Built-In Features
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • City Lights Views
  • Security Lights

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Private Parking
  • Tandem Parking
  • Automatic Gate
  • Controlled Entrance

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5525-031-042

Community Details

Overview

  • Maintained Community
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,084

Year Built

Built in 1928

Lot Details

0

HOA Fees

$1,616 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: French Normandy
  • Street Number Display: Yes
  • Complex Name: Faubourg St. Denis
  • Entry Floor: 5
  • Living Area: 2325
  • Lot Acreage: 0.7246
  • Planned Urban Dev: 0
  • Stories: 5
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Marble, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room, In Unit
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Range/Oven, Washer, Dryer, Dishwasher, Refrigerator, Hood Fan, Garbage Disposal
  • Price Per S Q F T: 967.00

Exterior Features

  • Pool Description: In Ground, Community
  • Pool: Yes
  • Spa: Community, In Ground
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem, Controlled Entrance, Community Garage, Private, Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Automatic Gate, Card/Code Access, Exterior Security Lights

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Controlled Access, Elevator, Exercise Room, Gated Parking, Onsite Property Management, Sauna, Pool, Spa, Picnic Area
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1616.42
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5525-031-042
  • Lot Size Area: 31561

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 17, 2022
Sold by
Mot Trust
Bought by
Andersen Benjamin W and Turley Christina M
Seller's Agent
Josh Myler
The Agency
Buyer's Agent
Josh Myler
The Agency
List Price
$2,250,000
Sold Price
$2,236,460
Premium/Discount to List
-$13,540
-0.6%
Current Estimated Value
$2,198,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,059
Avg. Annual Appreciation
-0.51%
Original Mortgage
$1,667,345
Outstanding Balance
$1,581,795
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$616,606

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 5, 2015
Sold by
Ambatielos Evangelos P and Ambatielos Vasiliki
Bought by
Bobo Karen and Mot Trust
Seller's Agent
Rick Llanos
Coldwell Banker Realty
Buyer's Agent
Ellen Francisco
Coldwell Banker Realty
List Price
$1,925,000
Sold Price
$1,875,000
Premium/Discount to List
-$50,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Apr 20, 2006
Sold by
George James and George Mollyanne
Bought by
Ambatielos Evangelos P and Ambatielos Vasiliki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Andersen Benjamin W $2,236,500 First American Mortgage Soluti
Bobo Karen $1,875,000 Equity Title Los Angeles
Ambatielos Evangelos P -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andersen Benjamin W $1,667,345
Previous Owner Ambatielos Evangelos P $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $2,236,460 -0.6% $962 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $2,250,000 +20.0% $968 / Sq Ft
06/26/2015 06/26/15 Sold $1,875,000 -2.6% $876 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $1,925,000 -- $899 / 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 $28,084 $2,373,347 $531,091 $1,842,256
2024 $28,084 $2,326,812 $520,678 $1,806,134
2023 $27,533 $2,281,189 $510,469 $1,770,720
2022 $25,005 $2,123,487 $424,695 $1,698,792
2021 $24,702 $2,081,851 $416,368 $1,665,483
2019 $23,955 $2,020,104 $404,019 $1,616,085
2018 $23,898 $1,980,496 $396,098 $1,584,398
2016 $22,866 $1,903,593 $380,718 $1,522,875
2015 $18,702 $1,554,000 $1,233,000 $321,000
2014 $15,031 $1,217,900 $966,000 $251,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-148703

The MLS

APN: 5525-031-042