248 South Sycamore Avenue
248 South Sycamore Avenue
Closed 10/13/21
Closed 10/13/21
Description
in every unit. All the units have master Suites with bath, hardwood floors, mahogany doors, full height windows, period tile, vaulted, coved and
beam ceilings, operable wood fireplaces, formal dining rooms, archways, niches, abundant closet / storage, secondary building entrance, and
laundry hook ups. The property has been well maintained; most of the piping...Exquisite 4-UNIT trophy property in highly desirable HANCOCK PARK. Architectural integrity is well preserved and there are plenty of period details
in every unit. All the units have master Suites with bath, hardwood floors, mahogany doors, full height windows, period tile, vaulted, coved and
beam ceilings, operable wood fireplaces, formal dining rooms, archways, niches, abundant closet / storage, secondary building entrance, and
laundry hook ups. The property has been well maintained; most of the piping has been replaced with copper and new drains have been installed. There are also detached garage units on property along with additional street parking due to no other residential units on the other side of the
street. This is a rare opportunity to own in one of LA’s most desirable neighborhoods, located on a beautiful tree-lined street near the Grove and
walking distance to La Brea restaurants and markets. Also, near the new subway station on Wilshire and La Brea opening 2013.
- Listed by Jonathan Kim • DRE #01419100 • Brokerage DRE #01991628 • Compass
Property Details for 248 South Sycamore Avenue
Location
Sold By Iconic Investments, Peter Strauss, DRE #01335696
Property Details for 248 South Sycamore Avenue
| Status | Closed |
|---|---|
| MLS # | SR21108356 |
| Days on Market | 108 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1928 |
| Lot Size | 0.18 AC / 7,681 SF |
| County | Los Angeles County |
Location
Sold By Iconic Investments, Peter Strauss, DRE #01335696
Building Information for 248 South Sycamore Avenue
Payment Calculator
$20,253 per month
30 year fixed, 7.25% Interest
$17,000
$3,253
$0
Property Information for 248 South Sycamore Avenue
- Gross Income: $156,769
- Gross Scheduled Income: $156,769
- Net Operating Income: $106,644
- Financing: Conventional
- Operating Expense: $50,625
- New Taxes Expense: $43,625
- Gardener Expense: $1,100
- Insurance Expense: $2,900
- Trash Expense: $500
- Water Sewer Expense: $2,500
- Total Expenses: $50,625
- Tax Tract Number: 8498
- Tax Census Tract: 2141.00
- Tax Lot: 180
- Community Features: Sidewalks, Urban
- Laundry: Yes
- Laundry Features: Inside
- Pool Features: None
- Pool Description: None
- Lot Features: Lot 6500-9999, Near Public Transit
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 4
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,976
- Unit Type Total Rent: $2,976
- Unit Type Pro Forma: 3500
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,147
- Unit Type Total Rent: $3,147
- Unit Type Pro Forma: 3500
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,640
- Unit Type Total Rent: $3,640
- Unit Type Pro Forma: 4000
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,344
- Unit Type Total Rent: $3,344
- Unit Type Pro Forma: 3800
- Unit Type Type: 4
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 0
Property History for 248 South Sycamore Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 248 South Sycamore Avenue
Schools near 248 South Sycamore Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Third Street Elementary School PublicK to 5 | ||
Fairfax Senior High School Public9 to 12 | ||
Melrose Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Compass, Jonathan Kim, DRE #01419100
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.