606 North Sycamore Avenue

Los Angeles, CA 90036

$2,480,000
Price
8
Beds
6
Baths
5,008 Sq. Ft.
$495 / Sq. Ft.
5,008
Sq. Ft.
$495
per Sq. Ft.

Description

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 &...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.
  1. Listed by Louis Perez • DRE #01218758 • Brokerage DRE #01218758 • Tradewind Realty

Property Details for 606 North Sycamore Avenue

Water Front
None
Zoning
LARD1.5
Style
Spanish
Parcel Number
5525018017
Total Units
5.0
Living Area
5008
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire

Location

Listing Courtesy of Tradewind Realty, Louis Perez, DRE #01218758
Add your commute
LISTING UPDATED: 05/16/2024 12:01 AM

Property Details for 606 North Sycamore Avenue

StatusActive
MLS #24-389847
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.17 AC / 7,427 SF
CountyLos Angeles County

Location

Listing Courtesy of Tradewind Realty, Louis Perez, DRE #01218758
Add your commute

Building Information for 606 North Sycamore Avenue

Stories-Residences-Year Built1927Building Size-Lot Size0.17 AC / 7,427 SF

Payment Calculator

$16,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,534

Property Taxes

$2,577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 606 North Sycamore Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 5
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • Security Features: None
  • Direction Faces: West
  • Property Condition: Additions/Alter
  • Water: Public
  • Sewer: In Street
  • Water Heater Features: Gas, Electric
  • Water District: DWP
Contract Info
Contract Info
  • Financing: Conventional
  • Disclosures: Termite - Report Only, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $183,912
  • Net Operating Income: $121,369.00
  • Gross Income: $183,912
  • Cap Rate: 4.89%
  • Gross Rent Multiplier: $13.48
  • Actual Annual Gross Rent: $183,912.00
  • Actual Rent Total: $183,912.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 57025
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Size Square Feet: 7427
  • Lot Description: 5 + Lots
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling Type: Air Conditioning
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Flooring: Hardwood, Tile, Laminate
  • Equipment: Dishwasher, Washer, Dryer, Refrigerator, Range/Oven, Garbage Disposal
  • Cooking Appliances: Gas/Electric Range
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Composition, Shingle
  • Sprinklers: Front
  • Patio Features: None
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Pier and Beam
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-08-2024
  • Tenant Pays: Gas, Trash Collection, Electricity, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,383.00
  • Unit Actual Rent: $5,175.00
  • Unit Projected Rent: $5,383.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,810.00
  • Unit Actual Rent: $2,700.00
  • Unit Projected Rent: $2,810.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,575.00
  • Unit Actual Rent: $2,575.00
  • Unit Projected Rent: $2,575.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,183.00
  • Unit Actual Rent: $2,183.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,375.00
  • Unit Actual Rent: $2,375.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Carpet: 1
  • Number of Dishwasher: 5
  • Number of Disposal: 5
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
  • Number Range: 5
  • Number Refrigerator: 5
  • Number Rented Garages: 0
  • Number Wall AC: 5
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Private Transfer Taxes: No

Property History for 606 North Sycamore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 606 North Sycamore Avenue

Taxable ValueLand$1,732,767Additions$750,865Total$2,483,632
Tax Record2023$30,923 ($2,577 / month)
Home Facts
Total Finished SqFt5,008 SqFtAbove Grade Finished SqFt5,008 SqFtLot Size7,424 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningLARD1.5CountyLOS ANGELESAPN5525-018-017

Schools near 606 North Sycamore Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

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.

Similar Homes

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606 North Sycamore Avenue is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on May 8, 2024 by Tradewind Realty, it's currently listed at $2,480,000. It has been on the market for a total of 13 days and was last sold on March 2, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 606 North Sycamore Avenue is a 8-bed, 6-bath, 5,008 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tradewind Realty, Louis Perez, DRE #01218758

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.