606 N Sycamore Avenue Los Angeles, CA ^$ 2,480,000

606 N Sycamore Avenue

^$ 2,480,000

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606 N Sycamore Avenue

Los Angeles, CA, 90036

^$ 2,480,000

Bedrooms8 Baths6.0 Sq 5,008

Monthly Estimate*

^$ 16,483

Listed by Tradewind Realty

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Multi-Family Home for sale in Los Angeles, CA

for $2,480,000 with 8 bedrooms and 6 full baths. This 5,008 square foot home was built in 1927 on a lot size of 0.1705.

Trendy & well-located Spacious Spanish-style 5 unit complex in great pocket! Next to great eateries, shops and walking distance to Melrose (Pink's), 7 minutes to the Grove, 18 minutes to Hilton & Highland. Tons of upside and the perfect mix: 1: 3 Bedroom 2 Bath, 1: 2 Bedroom + 1 Bath, 3: 1 Bedroom + 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 & 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.

Multi-Family Active

Price

^$ 2,480,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Spanish

Lot Size

0.1705

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24389847

Days on Market

Features

General

Sewer Other

Heating NaturalGas

Possession CloseOfEscrow

Roof Composition Shingle

Appliances Dishwasher Disposal GasRange Refrigerator Dryer Washer

Zoning LARD1.5

Patio/Porch Features None

Architectural Style Spanish

Pool Features None

Construction Materials Stucco

Year Built 1927

Tenant Pays CableTV Electricity Gas TrashCollection

Stories 2

Levels Two

Gross Income 183912.0

County Los Angeles

Net Operating Income 121369.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction West

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Conventional

Directions South of Melrose West of Highland Blvd. and East of La Brea Blvd.

City Los Angeles

Disclosures RentControl

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 5

MLS Area C18 - Hancock Park-Wilshire

Lot Size Units SquareFeet

Lot Size Square Feet 7427.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Sycamore

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition AdditionsAlterations

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 23

Standard Status Active

Cap Rate 4.89

Interior

Flooring Laminate Tile Wood

Fireplace Features LivingRoom

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N Y

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features Inside

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 6

Exterior

Parking Features Assigned

Total Parking 0.0

Lot Size Area 7427.0

Number of Buildings 1

Spa N

Building Area Total 5008.0

Lot Size Acres 0.1705

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 606

* Excluded Features

List By

Tradewind Realty

Broker

(310) 717-1592

Phone

Affordability Calculator

$16,483

Per Month

Monthly Principal & Interest: $16,483
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,985,860

Percent of Sale Price 20%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$2,480,000		Listed Price

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606 N Sycamore Avenue, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $2,480,000 with 5,008 sqft and a lot size of 0.1705. 606 N Sycamore Avenue has 8 bedrooms, 6.0 baths, and was built in 1927. The property's zip code is 90036 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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606 N Sycamore Avenue

Multi-Family Home for sale in Los Angeles, CA

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