Sycamore Villas 525 N Sycamore Ave Unit 424 Los Angeles, CA 90036
Hancock Park Neighborhood
2
Beds
2
Baths
904
Sq Ft
$595/mo
HOA Fee
Highlights
- 24-Hour Security
- Gated Parking
- City Lights View
- No Units Above
- Gated Community
- 0.92 Acre Lot
About This Home
As of August 2024Welcome to this one-of-a-kind, carefully maintained, south facing 2 bedroom, 2 bath top floor unit in the heart of Melrose Village. This condo is perfectly situated at the intersection of Los Angeles’ trendiest and prestigious neighborhoods, including Hancock Park, Fairfax District, West Hollywood. Minutes away from the Wilshire Country Club, prominent music venues, museums, shops, gourmet dining and within a close distance to downtown Los Angeles, this condo allows one to realize a truly fulfilling lifestyle. Not only does this beautiful condo present an enticing opportunity to enjoy the excitement of city life but it also becomes a tranquil sanctuary, allowing for relaxation and rejuvenation from the busyness of the continuous routine. As you walk in, you are immediately immersed in a serene ambiance emphasized by the abundance of the natural light. You are greeted by an expansive open living room area and a dry bar. The beautiful hardwood flooring and ample storage is present throughout the unit. An effortless floor plan seamlessly flows throughout. The Nest thermostat permits one to control the heater from the convenience of their own smartphone, while wall AC unit keeps the space cool during the summer. No more worrying about laundry. The in-unit washer and dryer let you get through those laundry days from the ease of your own home. The remodeled kitchen is equipped with modern appliances including an energy efficient electric stovetop and oven, refrigerator, dishwasher, microwave, and puck lighting. The dining area constitutes a perfect space for dinner parties and solo dining and gives one an easy access to the private balcony. Get mesmerized by the city views or enjoy a cup of morning coffee and reflect from the comfort of your own balcony, surrounded by greenery. The bedrooms are perfectly set up to fulfill an array of functions, while the layout gives an opportunity to accommodate many life situations. Enjoy all the perks this well-maintained building has to offer. The amenities include: pool, sauna, gym. The building has security and controlled access. The unit also comes with two secure tandem parking spaces. The HOA dues include the exterior maintenance, security, trash collection, earthquake insurance.
This condo is a unique opportunity that exposes one to a balanced mixture of convenience and tranquility, a perfect oasis in the heart of city life. Come check out this exceptional condo and experience its stunningness for yourself!
Last Agent to Sell the Property
Keller Williams Pacific Estate Brokerage Email: arikshpun@kw.com License #02126424 Listed on: 03/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,219
Year Built
- Built in 1972
Lot Details
- No Units Above
- Two or More Common Walls
- Privacy Fence
- Fenced
HOA Fees
- $595 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Tandem Garage
- Gated Parking
- Parking Lot
- Assigned Parking
Property Views
- City Lights
- Peek-A-Boo
Home Design
- Contemporary Architecture
- Turnkey
- Slab Foundation
Interior Spaces
- 904 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Built-In Features
- Dry Bar
- Ceiling Fan
- Living Room
- Dining Room
- Storage
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- Remodeled Bathroom
- 2 Full Bathrooms
- Makeup or Vanity Space
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Fairfax Senior High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Phone Connected
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Living Room Balcony
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 34643
- Assessor Parcel Number 5525020113
- $107 per year additional tax assessments
Community Details
Overview
- 102 Units
- Sycamore Villa Owners Association, Phone Number (818) 587-9500
- Sycamore Villa HOA
Amenities
- Sauna
Recreation
- Community Pool
- Bike Trail
Security
- 24-Hour Security
- Card or Code Access
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2024
Closed on
Jul 30, 2024
Sold by
Oconnor Helen
Bought by
Kazemi Rabin
Seller's Agent
Anna Rikshpun
Keller Williams Pacific Estate
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Views
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,354
Avg. Annual Appreciation
1.51%
Original Mortgage
$594,474
Outstanding Balance
$590,394
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$32,960
Purchase Details
Closed on
Mar 26, 2021
Sold by
Oconnor Helen
Bought by
Oconnor Helen Noble
Purchase Details
Closed on
Nov 13, 2019
Sold by
Bouvet Antoine
Bought by
Connor Helen O
Purchase Details
Listed on
Aug 10, 2012
Closed on
Aug 23, 2012
Sold by
Carty Neal
Bought by
Bouvet Antoine and Oconnor Helen
Seller's Agent
Jeffrey White
Estate Properties
Buyer's Agent
Mimi Starrett
Core Real Estate Group
List Price
$359,000
Sold Price
$359,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Purchase Details
Closed on
Oct 9, 2009
Sold by
Yapko Brian A
Bought by
Scruggs Neal and Carty Matthew Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,315
Interest Rate
4.92%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 13, 2003
Sold by
Spicer Matthew
Bought by
Yapko Brian A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.78%
Purchase Details
Closed on
May 15, 2000
Sold by
Jaffe Esther Tr Esther Jaffe Trust
Bought by
Spicer Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,180
Interest Rate
8.67%
Mortgage Type
VA
Purchase Details
Closed on
May 20, 1996
Sold by
Sycamore Villas
Bought by
Jaffe Esther
Purchase Details
Closed on
Jan 2, 1996
Sold by
Bustamante Rosa P
Bought by
Sycamore Villas
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $615,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Grant Deed | $359,000 | Stewart Title Guaranty Co | |
| Grant Deed | $391,000 | Lawyers Title Company | |
| Grant Deed | $260,000 | Commonwealth Land Title Co | |
| Grant Deed | $159,000 | Southland Title Company | |
| Grant Deed | $95,000 | First American Title Co | |
| Trustee Deed | $110,958 | Northern Counties Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $594,474 | FHA | |
| Previous Owner | $369,931 | FHA | |
| Previous Owner | $377,315 | FHA | |
| Previous Owner | $208,000 | No Value Available | |
| Previous Owner | $166,250 | Unknown | |
| Previous Owner | $162,180 | VA | |
| Closed | $26,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2024 08/06/24 | Sold | $615,000 | -2.4% | $680 / Sq Ft |
| 07/01/2024 07/01/24 | Price Changed | $630,000 | -3.1% | $697 / Sq Ft |
| 05/24/2024 05/24/24 | Price Changed | $650,000 | -3.7% | $719 / Sq Ft |
| 03/18/2024 03/18/24 | For Sale | $675,000 | +88.0% | $747 / Sq Ft |
| 09/25/2012 09/25/12 | Sold | $359,000 | 0.0% | $397 / Sq Ft |
| 08/21/2012 08/21/12 | Pending | -- | -- | -- |
| 08/10/2012 08/10/12 | For Sale | $359,000 | -- | $397 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,219 | $433,403 | $256,421 | $176,982 |
| 2023 | $5,120 | $424,906 | $251,394 | $173,512 |
| 2022 | $4,881 | $416,575 | $246,465 | $170,110 |
| 2021 | $4,815 | $408,408 | $241,633 | $166,775 |
| 2020 | $4,863 | $404,221 | $239,156 | $165,065 |
| 2019 | $4,667 | $396,296 | $234,467 | $161,829 |
| 2018 | $4,654 | $388,526 | $229,870 | $158,656 |
| 2016 | $4,445 | $373,442 | $220,945 | $152,497 |
| 2015 | $4,378 | $367,834 | $217,627 | $150,207 |
| 2014 | $4,397 | $360,629 | $213,364 | $147,265 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Rikshpun
A
Seller's Agent in 2024
Anna Rikshpun
Keller Williams Pacific Estate
(714) 797-3241
1 in this area
18 Total Sales
-
Richard Schulman
Buyer's Agent in 2024
Richard Schulman
Keller Williams Los Angeles
(310) 482-0173
3 in this area
527 Total Sales
-
Julie Bwarie
Buyer's Agent in 2024
Julie Bwarie
Keller Williams Los Angeles
(818) 481-4444
1 in this area
43 Total Sales
-
Jeffrey White
Seller's Agent in 2012
Jeffrey White
RE/MAX
(323) 782-9374
10 Total Sales
-
Mimi Starrett
M
Buyer's Agent in 2012
Mimi Starrett
Core Real Estate Group
(310) 272-8002
3 Total Sales
About Sycamore Villas
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24053480
APN: 5525-020-113
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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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