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1271 S Sycamore Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 10 bed, 6 bath

1271 S Sycamore Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$2,195,000
1271 S Sycamore Avenue, Los Angeles, California 90019
10Beds
6Baths
3,633Sqft
6,405Lot
Year Built
1926
Close
-
List price
$2.19M
Original List price
$2.54M
Price/Sqft
$604
HOA
-
Days on market
-
Sold On
-
MLS number
SB25037160
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.19M(92th), sqft - 3633(50th), beds - 10(92th), baths - 6(92th).

1271 S Sycamore Ave is a brand new remodeled 4plex located in the Mid-Wilshire pocket of Los Angeles. All units feature new hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, modern bathroom fixtures, and washer/dryer in units. Beneficial to the new owner, the roof and plumbing is also new, offering extremely low maintenance. One of the 3Bed/2Bath units will be DELIVERED VACANT, ideal for owner/user! The unit mix is comprised of (2) 3Bed/2Bath and (2) 2Bed/1Bath units with an opportunity to add an ADU for additional income. Two 3Bed/2Bath units are located in the front, and (2) 2Bed/2Bath units are located in the rear. There are 4 private garages with storage space and room for guests to park their vehicles in front of the garages. The subject property is conveniently located in between Mid-Wilshire, Culver City and Downtown LA. This is the ideal situation for an owner/user or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer.

Price History

Date
Event
Price
10/12/17
Sold
$2,080,000
08/10/16
Sold
$1,550,000
05/02/16
Sold
$1,100,000
11/21/13
Sold
$851,000
Condition Rating
Excellent
Despite the original build year of 1926, the property has undergone a 'brand new remodel' as explicitly stated in the description. This includes new hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, and modern bathroom fixtures. The roof and plumbing are also new. The images confirm these high-quality, contemporary finishes throughout, including recessed lighting, modern vanities, and a stylish tiled shower. The property presents as virtually new, with all components meeting current quality standards and no deferred maintenance.
Pros & Cons

Pros

Extensive Recent Remodel: The entire 4-plex has undergone a brand new remodel, featuring modern hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, and updated bathroom fixtures, ensuring a contemporary and appealing living environment for tenants.
Low Maintenance Infrastructure: Significant capital improvements, including a new roof and plumbing, have been completed, promising extremely low maintenance costs for the new owner in the foreseeable future.
Owner/User Opportunity: One of the desirable 3-bedroom, 2-bathroom units will be delivered vacant, presenting an ideal scenario for an owner-occupant to live in one unit while generating substantial rental income from the others.
Strong Income & ADU Potential: The property offers a diverse unit mix of two 3-bed/2-bath and two 2-bed/1-bath units, with an additional opportunity to add an Accessory Dwelling Unit (ADU) for enhanced rental income and property value.
Strategic Central Los Angeles Location: Conveniently situated between Mid-Wilshire, Culver City, and Downtown LA, the property boasts a prime location offering excellent access to major employment hubs, entertainment, and amenities.

Cons

Age of Original Structure: Despite extensive remodeling, the property's original construction dates back to 1926, which may present potential challenges related to the underlying older infrastructure or historical preservation considerations.
Lack of Defined Outdoor Space: The property description does not highlight significant private or common outdoor living areas, which could be a drawback for tenants or an owner-user seeking dedicated exterior recreational space.
Urban Density & Potential Noise: As a 4-plex located in a central Los Angeles urban environment, residents may experience higher levels of ambient noise and density compared to properties in more suburban or less congested areas.

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