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525 N Sycamore Avenue

Los Angeles, CA 90036

– beds
– baths
– sqft
~1 acre lot
1972 build
– on site

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PRICE REDUCED / SELLER MOTIVATED! – Enjoy this peacefully located condo while being just steps away from Melrose/La Brea area that has some of LA’s best restaurants, bars, cafes, and shops! This beautifully updated 1 Bedroom condo includes new in-unit washer/dryer, soundproof entrance door and wall facing hallway, new bathroom vanity and mirror, recessed lighting, and refinished bathtub. This well-maintained building offers controlled access, gated parking, heated pool, and sauna. The unit is currently tenant occupied with $2300 monthly rent and subject to rent increase for 4% in December 2020. The tenant is on a two-year lease, which expires in November 2021. Add this stable cash flow condo to your investment portfolio! Contact the listing agent for a video of unit interior!

Listed By CRMLS_CA / Keiko Yamagishi / Meldia Investment Realty of America

Last checked: Checking… • Last updated Apr 19, 2024 •

MLS# SB20053118 —

The Building

Year Built:

1972
Year Built Source:

Public Records
New Construction:

No
Architectural Style:

Contemporary
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

645.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

1
Stories Total:

4
# of Separate Electric Meters:

1

Interior

Features:

Balcony, Unfurnished
Levels:

Three Or More
Entry Location:

East
Flooring:

Carpet, Vinyl
Room Type:

Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
Number Wall AC:

1
Fireplace:

No
Fireplace:

None
Laundry:

Common Area, Inside
Laundry:

1

Location

Directions:

South of Melrose and 1 block east of La Brea
Latitude:

34.08106800
Longitude:

-118.34316600

The Property

Subtype:

Condominium
Property Condition:

Updated/Remodeled
Zoning:

LARD1.5
Lot Features:

36-40 Units/Acre
Lot Size Area:

39885.0000
Lot Size Acres:

0.9156
Lot Size SqFt:

39885.00
Lot Size Source:

Assessor
View:

1
View:

Courtyard
Security Features:

Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1919.02
Tax Tract:

34643
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5525020088

Heating & Cooling

Heating:

1
Heating:

Electric
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Sidewalks
Pool:

Community, Heated
Private Pool:

No
Spa Features:

None
Inclusions:

Refrigerator, Microwave, Dishwasher, Kitchen Stove, Laundry Washer/Dryer (2 in 1),
Association Amenities:

Pool, Sauna, Gym/Ex Room, Clubhouse, Earthquake Insurance, Trash, Sewer, Water
Association:

SYCAMORE VILLAS OWNERS
Association:

Yes
Association Fee:

$377
Association Fee Frequency:

Monthly
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned, Covered, Driveway Level, Off Street
Parking Spaces:

1.00
Garage Spaces:

1.00

Extra Units

Average 1 Bed Area:

645
Number With Disposal:

1
Number With Dishwasher:

1
Number With Refrigerator:

1

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Sale history

Date	Event	Source	Price	% Change
9/11/20 Sep 11, 2020	Sold	CRMLS_CA	$460,000	2.2%
7/28/20 Jul 28, 2020	Pending	CRMLS_CA	$450,000
6/10/20 Jun 10, 2020	Price Changed	CRMLS_CA	$450,000	-5.3%

Multifamily Sold on 9/11/2020

$460,000

Listing provided by broker:

Keiko Yamagishi

Meldia Investment Realty of America

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Listing Courtesy of: CRMLS_CA and Meldia Investment Realty of America. Based on information from California Regional Multiple Listing Service, Inc. as of 07:33 on May 11.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

525 N Sycamore Avenue

Los Angeles, CA 90036