NOT LISTED FOR SALE

327 N Sycamore Ave Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $2,489,000 - $3,326,610

5 Beds
3 Baths
7,378 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $2,700,000 $366 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,032/month

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Laundry Room

About This Home

As of July 2019

Property is extremely well located and is in close proximity to Hollywood, Century City and downtown Los Angeles. Subject property has easy access to major freeways, cultural events such as museums and the Disney Concert Hall, and is central to all major shopping malls such as The Grove and The Beverly Center.

Last Agent to Sell the Property

Rafael Figueroa

Raford Management Co. License #00860084 Listed on: 05/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,562

Year Built

  • Built in 1928

Lot Details

  • 7,502 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 7,378 Sq Ft Home
  • Property Attached
  • Frame Construction
  • Composition Roof
  • Clay Roof
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 104
  • Tax Tract Number 8498
  • Assessor Parcel Number 5525032018

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $700
  • Insurance Expense $3,657
  • Water Sewer Expense $5,147
  • New Taxes Expense $32,000
  • Operating Expense $41,504
  • Gross Income $120,600
  • Net Operating Income $95,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,562

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 5147.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5525032018
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Price Per Square Foot: 365.95

Exterior Features

  • Pool Private: No
  • Roof: Clay, Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Electric Expense: 700.00
  • Gross Income: 120600.00
  • Gross Scheduled Income: 120600.00
  • Insurance Expense: 3657.00
  • Lot Size Area: 7502.0000 Square Feet
  • Net Operating Income: 95600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25000.00
  • Rent Control: Yes
  • Total Actual Rent: 10050.00
  • Total Expenses: 41504.00

Tax Info

  • New Taxes Expense: 32000.00
  • Tax Census Tract: 2141.00
  • Tax Lot: 104
  • Tax Tract Number: 8498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 19, 2019
Sold by
Richmond Barry and Jackson Michelle J
Bought by
327 North Sycamore Avenue Llc
Seller's Agent
Rafael Figueroa
Raford Management Co.
List Price
$2,900,000
Sold Price
$2,700,000
Premium/Discount to List
-$200,000
-6.9%
Current Estimated Value
$2,864,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,537
Avg. Annual Appreciation
0.95%
Original Mortgage
$1,886,500
Outstanding Balance
$1,670,932
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,193,605

Purchase Details

Closed on
May 9, 2019
Sold by
Jackson Michelle J and Kushner Family Trust
Bought by
Jackson Michelle J and Steven P Jackson Survivor S Tr

Purchase Details

Closed on
Dec 21, 2012
Sold by
Kushner David B
Bought by
Kushner David B and Kushner Denise D

Purchase Details

Closed on
Jun 7, 2001
Sold by
Richmond Ida and Richmond Barry
Bought by
Richmond Ida and Ida Richmond Trust
Source: Public Records

Range of Values:

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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
327 North Sycamore Avenue Llc $2,695,000 Provident Title Company
Jackson Michelle J -- Provident Title Company
Kushner David B -- None Available
Richmond Ida -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 327 North Sycamore Avenue Llc $1,886,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $2,700,000 -6.9% $366 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $2,900,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $35,562 $2,947,371 $2,061,520 $885,851
2024 $35,562 $2,889,581 $2,021,099 $868,482
2023 $34,878 $2,832,923 $1,981,470 $851,453
2022 $33,263 $2,777,376 $1,942,618 $834,758
2021 $32,833 $2,722,919 $1,904,528 $818,391
2020 $33,169 $2,695,000 $1,885,000 $810,000
2019 $3,259 $207,208 $88,987 $118,221
2018 $3,134 $203,146 $87,243 $115,903
2016 $2,921 $195,259 $83,856 $111,403
2015 $2,887 $192,327 $82,597 $109,730
2014 $2,925 $188,561 $80,980 $107,581
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rafael Figueroa

    Raford Management Co.

    (818) 758-8400

    10 Total Sales

    Rafael Figueroa
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19113752

California Regional Multiple Listing Service (CRMLS)

APN: 5525-032-018

California Los Angeles County Los Angeles 90036 Hancock Park

327 N Sycamore Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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