NOT LISTED FOR SALE

4941 Sycamore Terrace Los Angeles, CA 90042

Estimated Value: $925,660 - $1,012,000

6 Beds
4 Baths
2,153 Sq Ft
$452/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $880,000 $409 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,972/month

96 Days on Market

Highlights

  • Property is near a park
  • Main Floor Bedroom
  • Living Room
  • Wood Flooring
  • High Ceiling
  • Park

About This Home

As of February 2024

This property offers tremendous upside potential and opportunity is knocking at your door. Located on Professor's Row in Highland Park's Historic preservation overlay zone and surrounded by beautiful, restored, grand homes that remind you of another era. Situated within walking distance to Figueroa street and all the attractions this vibrant city has to offer. The front building consists of two units, one offers 4 beds and 2 baths on one side and a studio unit on the other side. It still has many original features making it ever so charming and full of character. The back home is a 2 bedroom, 1 bath and there is also a detached 2 car garage. Do not miss out on this opportunity to live in one and rent out the others or to simply add to your portfolio.

Last Agent to Sell the Property

Fabiola Patron-Covian

Patron Real Estate, Inc License #01386024 Listed on: 10/02/2023

Last Buyer's Agent

Fabiola Patron-Covian

Patron Real Estate, Inc License #01386024 Listed on: 10/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,441

Year Built

  • Built in 1895

Lot Details

  • 8,362 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,153 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Living Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5467016006

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,290
  • Other Expense $902
  • Operating Expense $2,192
  • Gross Income $48,600
  • Net Operating Income $35,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,441

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 323000
  • Property Attached: No
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5467016006
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Entry Level: 1
  • Price Per Square Foot: 408.73
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lot 6500-9999, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 8362.00
  • Lot Size Acres: 0.1920

Multi Family

  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1290.00
  • Lot Size Area: 8362.0000 Square Feet
  • Net Operating Income: 35907.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 12692.00
  • Other Expense: 902.00
  • Other Expense Description: LAHD
  • Rent Control: Yes
  • Total Actual Rent: 4050.00
  • Total Expenses: 2192.00

Tax Info

  • Tax Census Tract: 1851.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jan 10, 2024
Sold by
Marroquin Sasha Gigette
Bought by
Zaragoza Andrew and Zaragoza Andrea
Seller's Agent
Fabiola Patron-Covian
Patron Real Estate, Inc
Buyer's Agent
Fabiola Patron-Covian
Keller Williams Realty La Cana
List Price
$999,000
Sold Price
$880,000
Premium/Discount to List
-$119,000
-11.91%
Views
233
Current Estimated Value
$973,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,165
Avg. Annual Appreciation
6.86%
Original Mortgage
$836,000
Outstanding Balance
$822,042
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$156,532

Purchase Details

Closed on
May 21, 2021
Sold by
Thuve David Matthew
Bought by
Gomez Lilia and Marroquin Sasha Gigette

Purchase Details

Closed on
Oct 15, 2019
Sold by
Marroquin Cesar F
Bought by
Marroquin Cesar F and Marroquin Sasha Gigette

Purchase Details

Closed on
Apr 4, 2012
Sold by
Ibarra Eloisa B
Bought by
Ibarra Eloisa B and Marroquin Cesar F

Purchase Details

Closed on
Oct 11, 2005
Sold by
Marroquin Cesar
Bought by
Ibarra Eloisa Berta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 6, 2005
Sold by
Ibarra Eloisa Berta and Maroquin Cesar
Bought by
Marroquin Cesar

Purchase Details

Closed on
Dec 13, 2004
Sold by
Marroquin Cesar
Bought by
Ibarra Eloisa Berta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Ibarra Eloisa Berta
Bought by
Ibarra Eloisa Berta and Maroquin Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1998
Sold by
Figueroa Jaime and Aguilar Raymundo
Bought by
Ibarra Eloisa Berta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zaragoza Andrew $880,000 Provident Title Company
Gomez Lilia -- None Listed On Document
Marroquin Cesar F -- None Available
Ibarra Eloisa B -- None Available
Ibarra Eloisa Berta -- --
Marroquin Cesar -- --
Ibarra Eloisa Berta -- First American Title Ins Co
Ibarra Eloisa Berta -- Investors Title Company
Ibarra Eloisa Berta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaragoza Andrew $836,000
Previous Owner Ibarra Eloisa Berta $460,000
Previous Owner Ibarra Eloisa Berta $392,000
Previous Owner Ibarra Eloisa Berta $330,000
Previous Owner Ibarra Eloisa Berta $275,500
Previous Owner Ibarra Eloisa Berta $51,000
Previous Owner Ibarra Eloisa Berta $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $880,000 -9.2% $409 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
10/27/2023 10/27/23 Price Changed $969,000 -3.0% $450 / Sq Ft
10/02/2023 10/02/23 For Sale $999,000 -- $464 / 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 $9,441 $897,600 $612,000 $285,600
2024 $9,441 $748,572 $487,443 $261,129
2023 $10,069 $801,108 $593,028 $208,080
2022 $8,842 $719,506 $468,516 $250,990
2021 $4,285 $327,245 $325,748 $1,497
2020 $4,321 $323,890 $322,408 $1,482
2019 $4,165 $317,540 $316,087 $1,453
2018 $4,071 $311,315 $309,890 $1,425
2016 $3,879 $299,228 $297,857 $1,371
2015 $7,631 $614,011 $454,824 $159,187
2014 $7,671 $601,984 $445,915 $156,069
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23182936

California Regional Multiple Listing Service (CRMLS)

APN: 5467-016-006