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$2,450,000   Price Analysis
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606 N Sycamore Ave
Los Angeles, CA 90036
8 bed 6 bath 5,008 SqFt ($489/SqFt)
7,427SqFt lot. Built 1927
Listed 2024-05-09, Taxes $29,509
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Trendy and well-located Spacious Spanish-style 5 unit complex in tremendous pocket!

Next to great eateries, shops and walking distance to Melrose (Pink's), 7 minutes to the Grove, 18 minutes to Hilton and Highland. Tons of upside and the perfect mix: 1: 3 Bedroom 2 Bath, 1: 2 Bedroom + 1 Bath, 3: 1 Bdroom + 1 Bath in a high-demand rental pocket.

This Spanish-style has loads of charm and character in a great community close to good schools and community. The building has been upgraded with an updated roof & upper deck. Great occupants & rental market & improving yearly. Each unit has its own washer & dryer. Tenants pay for their gas, electricity, trash & cable/internet.


Presented by Louis Perez at
Tradewind Realty.
Listing Agent Photo

Property MLS #24-389847 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 6
Full Bathrooms: 6

Gas/Electric Range
Laundry Facilities: Inside
Laundry Features: Inside

Cooling Features: Air Conditioning
Fireplace Features: Living Room
Heating Features: Natural Gas

Flooring: Hardwood, Tile, Laminate

Water Features: Public

Lot Description: 5 + Lots
Lot Size Acres: 0.1705005
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7427

Garage Description: Assigned

Existing Lease Type: Fee
Tenant Pays: Gas, Trash, Electric, Cable TV

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 5
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 5383, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2810, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2450, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2650, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 2650

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.86
Directions: South of Melrose, West of Highland Blvd. and East of La Brea Blvd.
Source Property Type: Residential Income
Area: Hancock Park-Wilshire
Source Neighborhood: Hancock Park-Wilshire
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Owner Pays: Water, Gardener
Parcel Number: 5525-018-017
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$736,143 + $1,698,792
$2,434,935
$29,509
2021$721,709 + $1,665,483
$2,387,192
$29,143
2020$714,309 + $1,648,406
$2,362,715
$29,438
2019$700,303 + $1,616,085
$2,316,388
$28,284
2018$686,572 + $1,584,398
$2,270,970
$28,087
2017$659,657 + $1,660,692
$2,320,349
$28,562
2016$659,912 + $1,522,875
$2,182,787
$26,820
2015$520,501 + $1,042,028
$1,562,529
$19,430
2014$510,306 + $1,021,617
$1,531,923
$19,513
2013$508,000 + $1,017,000
$1,525,000
$19,498
2012$575,161 + $1,150,323
$1,725,484
$22,671
2010$563,884 + $1,127,768
$1,691,652
$22,092
2009$561,000 + $1,122,000
$1,683,000
$21,291
2009$559,670 + $1,119,340
$1,679,010
$21,291
2008$550,000 + $1,100,000
$1,650,000
$22,033
2007$351,329 + $729,688
$1,081,017
$13,417

Listing removed 2024-08-08
$2,395
TheMLSCLAW
Price Changed for rent 2024-08-03
$2,395
TheMLSCLAW
Price Changed 2024-07-05
$2,450,000
TheMLSCLAW
Price Changed 2024-06-22
$2,460,000
TheMLSCLAW
Price Changed 2024-06-17
$2,470,000
TheMLSCLAW
Price Changed for rent 2024-06-13
$2,450
TheMLSCLAW
Price Changed for rent 2024-05-24
$2,495
TheMLSCLAW
Price Changed for rent 2024-05-22
$2,525
TheMLSCLAW
Price Changed for rent 2024-05-17
$2,550
TheMLSCLAW
Listed 2024-05-09
$2,480,000
TheMLSCLAW
Listed for rent 2024-05-08
$2,575
TheMLSCLAW
Listing removed 2024-03-18
$0
TheMLSCLAW
Relisted 2024-03-17
$2,589,000
TheMLSCLAW
Listing removed 2024-02-17
$0
TheMLSCLAW
Listed 2024-01-07
$2,589,000
TheMLSCLAW
Listing removed 2023-11-30
$0
TheMLSCLAW
Listing removed 2023-11-15
$2,345,000
TheMLSCLAW
Listing removed 2020-12-31
$0
TheMLSCLAW
Price Changed for rent 2020-12-19
$1,900
TheMLSCLAW
Price Changed for rent 2020-12-14
$1,925
TheMLSCLAW
Price Changed for rent 2020-11-30
$1,950
TheMLSCLAW
Price Changed for rent 2020-11-19
$1,985
TheMLSCLAW
Price Changed for rent 2020-11-02
$2,075
TheMLSCLAW
Price Changed for rent 2020-10-17
$2,095
TheMLSCLAW
Price Changed for rent 2020-09-22
$2,150
TheMLSCLAW
Listed for rent 2020-09-09
$2,250
TheMLSCLAW
Relisted 2019-04-13
$2,345,000
TheMLSCLAW
Listing removed 2019-04-12
$0
TheMLSCLAW
Price Changed 2017-06-06
$2,345,000
TheMLSCLAW
Price Changed 2017-05-22
$2,389,000
TheMLSCLAW
Price Changed 2017-05-18
$2,459,000
TheMLSCLAW
Price Changed 2017-04-11
$2,380,000
TheMLSCLAW
Listed 2017-03-17
$2,489,000
TheMLSCLAW
Sold 2015-04-28
$2,150,000
Public Record
Listing removed 2015-04-28
$2,200,000
TheMLSCLAW
Price Changed 2015-01-06
$2,200,000
TheMLSCLAW
Listed 2014-09-16
$2,250,000
TheMLSCLAW
Listing removed 2014-05-09
$1,600
WestsideRentals
Listed for rent 2014-05-06
$1,600
WestsideRentals
Sold 2007-07-27
$1,650,000
CRISNET
Listed 2006-06-08
$1,690,000
CRISNET
Listed 2006-06-08
$1,690,000
ITECH
Listed 2006-06-08
$1,690,000
ITECH
Listing removed 2005-12-02
$1,599,000
ITECH
Listed 2005-03-31
$1,599,000
ITECH

Net Operating Income: 121369

Total Square Feet Living: 5008
Year Built: 1927
Building Exterior Type: Stucco
Direction Faces: West
Foundation Details: Pier and Beam
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 97
Property Condition: Additions/Alter
Roof: Composition, Shingle
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish

Sewer: In Street

Other Equipment: Dishwasher, Washer, Dryer, Refrigerator, Range/Oven, Garbage Disposal

Hubert Howe Bancroft Middle School is a public middle school located approximately 0.5 miles away.
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Vine Street Elementary School is a public elementary school located approximately 1 miles away.
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Fairfax Senior High School is a public high school located approximately 1 miles away.
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Yeshova Rav Isacson School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.