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$1,300,000   Price Analysis
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2720 S Sycamore Ave
Los Angeles, CA 90016
8 bed 5 bath 2,600 SqFt ($500/SqFt)
4,810SqFt lot. Built 1932
Listed 2024-01-05, Taxes $8,311
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Fourplex

Income property located in the heart of West Adams!! Excellent Location, close to schools, freeways, Culver City, Santa Monica, Downtown LA and Expo Line Station. The mai n structure consists of 3 br/2ba and two 1 br/1 baths.

The additional structure has a 1br/1ba above garage/ storage. APPROVED PLANS to convert bottom units frm 1br/1ba TO 2br/1ba. Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 1121 5th Ave, Los Angeles, CA 90019 and 1240 S Muirfield Rd Los Angeles, CA 90019.


Presented by Alan Cruz at
Equity Smart Re Services.


Property MLS #PW24002541 from CRMLS

Bedrooms: 8

Full Bathrooms: 5

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1104224
Lot Size Source: Assessor
Lot Size Square Feet: 4810

Garage Spaces: 4
Parking Total: 2

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Tenant Pays: Exterior Maintenance
Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 5000.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 5049017026
Postal Code Plus 4: 2718
Trash Expense: 1500.00
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$211,742 + $464,334
$676,076
$8,311
2021$272,069 + $634,829
$906,898
$8,198
2020$205,463 + $450,563
$656,026
$8,279
2019$201,435 + $441,729
$643,164
$7,958
2018$197,486 + $433,068
$630,554
$7,867
2017$193,614 + $424,577
$618,191
$7,701
2016$189,818 + $416,252
$606,070
$8,095
2015$150,630 + $180,759
$331,389
$4,237
2014$147,680 + $177,219
$324,899
$4,278
2013$147,013 + $176,419
$323,432
$4,272
2012$144,131 + $172,960
$317,091
$4,328
2010$141,305 + $169,569
$310,874
$4,253
2009$140,583 + $168,702
$309,285
$4,096
2009$140,249 + $168,302
$308,551
$4,096
2008$137,827 + $165,395
$303,222
$3,929
2007$135,125 + $162,152
$297,277
$3,796

Price Changed 2024-01-24
$1,300,000
CRMLS
Listed 2024-01-05
$1,150,000
CRMLS
Listing removed 2023-08-12
$0
CRMLS
Listed 2023-05-30
$1,200,000
CRMLS
Listing removed 2021-09-23
$0
TheMLSCLAW
Listed 2020-12-10
$1,200,000
TheMLSCLAW
Listing removed 2020-12-09
$0
TheMLSCLAW
Listed 2020-06-10
$1,200,000
TheMLSCLAW
Listing removed 2018-10-19
$580,000
CRISNET
Listing removed 2018-10-19
$800,000
CRISNET
Listing removed 2018-10-19
$800,000
CRISNET
Listing removed 2018-10-19
$990,000
CRISNET
Sold 2015-02-26
$585,000
Public Record
Listing removed 2015-02-26
$580,000
TheMLSCLAW
Relisted 2014-11-21
$580,000
TheMLSCLAW
Listing removed 2014-11-18
$580,000
TheMLSCLAW
Listed 2014-11-17
$580,000
TheMLSCLAW
Listing removed 2014-09-11
$580,000
CRISNET
Listed 2014-03-10
$580,000
CRISNET
Listing removed 2008-01-31
$800,000
CRISNET
Listing removed 2007-07-31
$800,000
CRISNET
Listed 2007-07-31
$800,000
CRISNET
Listing removed 2007-02-17
$990,000
CRISNET
Listed 2007-01-30
$800,000
CRISNET
Listed 2005-06-14
$990,000
CRISNET
Sold 1986-08-18
$155,000
Public Record

Net Operating Income: 1800.00

Total Square Feet Living: 2600
Year Built: 1932
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Sycamore Ave
Property Age: 92
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Water Source: Public

Cienega Elementary School is a public elementary school located approximately 0.1 miles away.
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Susan Miller Dorsey Senior High School is a public high school located approximately 0.7 miles away.
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Johnnie Cochran, Jr., Middle School is a public middle school located approximately 1.8 miles away.
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Alpha Pre & Elementary School is a private elementary school located approximately 0.2 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.