NOT LISTED FOR SALE

Estimated Value: $477,000 - $545,000

1 Bed
1 Bath
676 Sq Ft
$518/mo HOA Fee

Last Sold November 16, 2023

Last sale price $490,000 $725 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,917/month

4 Days on Market

Highlights

  • In Ground Pool
  • 0.92 Acre Lot
  • Wood Flooring
  • Gated Parking
  • Traditional Architecture
  • Sauna

About This Home

As of November 2023

Opportunity to own a condo located in a one of the most desirable living area in Los Angeles! This sparkling clean, well maintained unit is slightly upgraded last year and is move-in condition. This is one of the few units that features a private patio as an added bonus. Located in highly desirable Melrose Village, a 95 walkability rating will give you secure and comfort environment you always wanted . Close to Grove, Beverly Center. Popular restaurants and shopping stores are within walking distance. This beautiful condo features hardwood and tile floors, granite counter tops in the bathroom and kitchen, stainless steel appliances. Many windows and open floor plan give this unit a bright and spacious feeling. Even though it is a one bed room unit, this unit comes with 2 tandem covered parking spaces. The HOA fee includes Earthquake insurance. Don't miss out on this amazing unit whether for yourself to reside or an investment to add to your portfolio!

Last Agent to Sell the Property

Myungchul Kang

Epique Realty License #02001363 Listed on: 10/13/2023

Epique Realty

Last Buyer's Agent

Rafael Cohen

Rafael & Associates Co. License #01192853

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1972

Lot Details

  • Gated Home

HOA Fees

  • $518 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 676 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

  • 2 Parking Spaces
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5525-020-031

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, water and sewer paid, trash
  • 102 Units
  • Association Phone (818) 587-9500

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,967

Year Built

Built in 1972

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Sycamore Villaa
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 676
  • Lot Acreage: 0.9156
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Stone Tile
  • Appliances: Built-In Electric, Cooktop - Electric, Microwave, Oven-Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 738.17
  • Windows: Screens, Window Blinds

Exterior Features

  • Other Features: Balcony
  • Pool Description: Association Pool
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Covered Parking
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning, Wall/Window
  • Earth Quake Ins: 1
  • Heating: Radiant
  • Security: Fire and Smoke Detection System, Gated, Smoke Detector, Card/Code Access
  • Water: Public

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Gated Parking, Pool, Sauna
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Water and Sewer Paid, Trash
  • HOA Fees: 518.00
  • Phone: 8185879500|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5525-020-031
  • Lot Size Area: 39885

Multi Family

  • Number Of Units: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 8, 2023
Sold by
Hyek Yoo
Bought by
Azizgolshani Farbod
Seller's Agent
Myungchul Kang
Epique Realty
Buyer's Agent
Rafael Cohen
Rafael & Associates Co.
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Total Days on Market
4
Views
17
Current Estimated Value
$516,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,964
Avg. Annual Appreciation
3.54%
Original Mortgage
$343,000
Outstanding Balance
$338,440
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$178,524

Purchase Details

Listed on
Oct 13, 2023
Closed on
Oct 19, 2023
Sold by
Cho Eun Young
Bought by
Yoo Hyek
Seller's Agent
Myungchul Kang
Epique Realty
Buyer's Agent
Rafael Cohen
Rafael & Associates Co.
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$338,440
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$178,524

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jul 22, 2013
Sold by
Randle Shameka Lenee
Bought by
Yoo Hyek and Cho Eun Young
Seller's Agent
Antoinette Hopper
Vista Sotheby’s International Realty
Buyer's Agent
Robert Hyung Paik
Omni Realty & Investment Group
List Price
$325,000
Sold Price
$318,000
Premium/Discount to List
-$7,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$140,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2008
Sold by
Thomson Haislop S and Thomson Patricia A
Bought by
Randle Shameka Lenee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,121
Interest Rate
6.07%
Mortgage Type
FHA
Source: Public Records

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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
Azizgolshani Farbod $490,000 Provident Title Company
Yoo Hyek -- Accommodation/Courtesy Recordi
Yoo Hyek $318,000 Fidelity National Title Co
Randle Shameka Lenee $296,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azizgolshani Farbod $343,000
Previous Owner Yoo Hyek $140,000
Previous Owner Randle Shameka Lenee $275,730
Previous Owner Randle Shameka Lenee $286,121
Previous Owner Haislop S Neil $75,000
Previous Owner Naislop S Neil $107,251
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $490,000 -1.8% $725 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $499,000 +56.9% $738 / Sq Ft
08/15/2013 08/15/13 Sold $318,000 -2.2% $470 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $325,000 -- $481 / 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
2024 $5,967 $490,000 $358,100 $131,900
2023 $4,586 $374,677 $248,136 $126,541
2022 $4,373 $367,331 $243,271 $124,060
2021 $4,316 $360,129 $238,501 $121,628
2019 $4,186 $349,449 $231,428 $118,021
2018 $4,175 $342,598 $226,891 $115,707
2016 $3,992 $329,297 $218,082 $111,215
2015 $3,934 $324,352 $214,807 $109,545
2014 $3,954 $318,000 $210,600 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-321283

The MLS

APN: 5525-020-031