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1214 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $2,526,000
Jul 25, 20244,280 sqft7 beds5 baths
Listed by: David Robles
License #: 01134528
Phone #: 213-712-4343
Real Broker
Source:
CRMLS Logo
MLS #: 24417943

Property Description

Presenting 1214 S. Sycamore Ave, an absolutely stunning fully renovated Spanish duplex with a brand new constructed ADU. All 3 units completely vacant! A rare find in the sought-after Mid-Wilshire area known for its prime location and excellent schools. This triplex performs incredibly well for an investor or a savvy buyer who wishes to live in one unit or even as a whole family compound, with a cap rate of 5% and projected rents of $6,000 for the downstairs unit $6,500 for the upstairs unit and $2,500 for the ADU. The allure of the duplex units is underscored by their generous layout, 3-bedroom, 2-bath, each offering almost 1,900 SF of living space that mirrors the comfort and privacy of a single-family home. Both units underwent extensive renovation and restoration work in 2018, featuring meticulously refinished original oak wood flooring, new HVAC systems, foundation retrofitting, and full re-piping, all carried out with necessary permits. The kitchens have been beautifully remodeled to reflect a timeless and sophisticated look, featuring quartz countertops and Samsung appliances, while the bathrooms have been completely updated as well, each equipped with Toto toilets. The remodel also introduced two new Navien water heaters with recirculating pumps, a full electrical rewire with new subpanels, and exquisite handcrafted wooden windows, each element approved by the HPOZ committee. The living room and primary bedroom of the upper unit opens onto their own private terraces, providing secluded retreats. The 1-bedroom 1-bath ADU, drenched in sunlight from its wall of windows and skylights, features everything new from its quartz countertops and new flooring to the GE appliances, complemented by a new patio deck that extends the living space outdoors. The property's curb appeal is enhanced by fully new landscaping, featuring pet-friendly artificial turf (20 year warranty) and a newly paved driveway, completing the residence's transformation.1214 S. Sycamore offers a blend of luxury, tranquility, and historical charm, perfect for those who appreciate exceptional quality and a smart investment.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$43,641

TurboHome Estimated Value

$2,679,700

$626 sqft

High Valuation
$2,813,685
$657/sqft
Normal Valuation
$2,679,700
$626/sqft
Low Valuation
$2,545,715
$595/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$626/sqft$2,679,700

Neighborhood: Pico-Robertson

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Comparative Value

$1.87M

$2.03M

$2.25M

$2.45M

$2.53M

$3.00M

1015 S Mansfield Ave, Los Angeles, CA 90019

Sale Price: $1,866,005

Selected Comparable

1141 S Hayworth Ave, Los Angeles, CA 90035

Sale Price: $2,025,800

Selected Comparable

1040 S Alfred St, Los Angeles, CA 90035

Sale Price: $2,250,000

Selected Comparable

1214 S Sycamore Ave, Los Angeles, CA 90019

List Price: $2,450,000

Subject Property

1214 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $2,526,000

Selected Comparable

1942 Preuss Rd, Los Angeles, CA 90034

Sale Price: $3,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1214 S Sycamore Ave, Los Angeles, CA 90019

1214 S Sycamore Ave, Los Angeles, CA 90019

List: $2,450,000

Listed: 7/25/2024

Area:4,280 sqft
Price/sqft:$572
Beds:7
Baths:5
Year Built:
Lot Size:6,877

Comparable Properties

COMPARABLE
Choose comps
1214 S Sycamore Ave, Los Angeles, CA 90019

1214 S Sycamore Ave, Los Angeles, CA 90019

Sale: $2,526,000

8/27/20240.00 mi

Area:4,280 sqft
Price/sqft:$590
Beds:7
Baths:5
Year Built:
Weight:26.4%
1015 S Mansfield Ave, Los Angeles, CA 90019

1015 S Mansfield Ave, Los Angeles, CA 90019

Sale: $1,866,005

1/29/20250.32 mi

Area:4,831 sqft
Price/sqft:$386
Beds:7
Baths:5
Year Built:
Weight:24.1%
1942 Preuss Rd, Los Angeles, CA 90034

1942 Preuss Rd, Los Angeles, CA 90034

Sale: $3,000,000

7/10/20252.36 mi

Area:4,071 sqft
Price/sqft:$737
Beds:6
Baths:6
Year Built:
Weight:17.1%
1040 S Alfred St, Los Angeles, CA 90035

1040 S Alfred St, Los Angeles, CA 90035

Sale: $2,250,000

3/25/20251.68 mi

Area:4,092 sqft
Price/sqft:$550
Beds:6
Baths:4
Year Built:
Weight:16.3%
1141 S Hayworth Ave, Los Angeles, CA 90035

1141 S Hayworth Ave, Los Angeles, CA 90035

Sale: $2,025,800

6/20/20251.21 mi

Area:3,633 sqft
Price/sqft:$558
Beds:6
Baths:4
Year Built:
Weight:16.2%

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