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308 N Sycamore Avenue 106, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 3 bath

308 N Sycamore Avenue 106, Los Angeles, California 90036 home-pic-0
ACTIVE$1,575,000
308 N Sycamore Avenue 106, Los Angeles, California 90036
3Beds
3Baths
1,919Sqft
31,571Lot
Year Built
1928
Close
-
List price
$1.57M
Original List price
$1.69M
Price/Sqft
$821
HOA
$2,303.22
Days on market
-
Sold On
-
MLS number
25485271
Home ConditionExcellent
Features
Good View: Courtyard
Pool
Spa
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $1.57M(86th), sqft - 1919(86th), beds - 3(71th), baths - 3(71th).

Amazing opportunity for a special buyer to own this 3 bed 2.5 bath unit at the world famous Faubourg St. Denis! Unit #106 is like a private home and overlooks gardens, offers generous rooms, excellent light, 10+ceilings, crown moldings, remodeled kitchen & top line appliances. Expansive primary has walk-in closet, luxurious soaking tub and large shower. Hardwood and marble flooring throughout, central AC and heat. Amenities include pool, spa, fitness, parking, xtra-storage, EQ insurance, and water. 21 units with no common walls means extra privacy and friendly community. Seller will pay off assessments due at close. Lock and go luxury living in A+ Hancock Park location. SELLER RELOCATING and MOTIVATED. This is a time tested solid investment.

Price History

Date
Event
Price
09/19/22
Sold
$1,662,500
05/24/12
Sold
$850,000
08/21/07
Sold
$1,200,000
12/24/96
Sold
$350,000
Condition Rating
Excellent
Despite the building's 1928 construction, this unit has undergone an extensive and high-quality renovation. The kitchen features modern white shaker cabinets, top-line stainless steel appliances (including a double oven and wine fridge), and contemporary finishes. Bathrooms are luxurious with soaking tubs, large glass showers, modern vanities, and high-end marble-look tiling. Hardwood and marble flooring are found throughout, complemented by central AC and heat. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Hancock Park Location: Situated in an 'A+ Hancock Park location' within the 'world famous Faubourg St. Denis,' offering prestige and desirable urban living.
Exceptional Unit Privacy & Design: Described as 'like a private home' with 'no common walls' for a condominium, featuring generous rooms, 10+ft ceilings, and excellent natural light.
Luxurious & Remodeled Interiors: Boasts a 'remodeled kitchen & top line appliances,' 'hardwood and marble flooring throughout,' and an 'expansive primary' suite with a 'luxurious soaking tub and large shower.'
Comprehensive Building Amenities: Residents benefit from a full suite of amenities including a pool, spa, fitness center, parking, extra storage, and earthquake insurance.
Seller Incentives & Motivation: The 'SELLER RELOCATING and MOTIVATED' status, coupled with the seller's commitment to 'pay off assessments due at close,' presents a strong buying opportunity and potential for negotiation.

Cons

Substantial Association Fees: The monthly association fee of $2,303.22 is exceptionally high, significantly increasing the total cost of ownership and potentially limiting the buyer pool.
Historic Building Age: Built in 1928, the building is nearly a century old. While the unit is updated, the age of the overall structure may present long-term maintenance considerations or higher operational costs for the HOA.
Price Adjustment & Market Duration: A reduction from the original list price ($1,689,000 to $1,575,000) and an active market duration since January 2025 could suggest initial overpricing or market resistance, requiring careful valuation.

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