1214 S Sycamore Avenue

Los Angeles, CA 90019

$2,526,000

Sold Price
7

bed Beds

5

shower Baths

4,280 sqft

straighten / sqft

1928

calendar_month Built

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.

Listing Information

Close Price $2,526,000
Close Date Tuesday, August 27th, 2024
Status Closed
MLS 24417943
Type Residential Income
Year Built 1928
Lot Size 6,877
Structure Size 4,280
DOM 10
Courtesy Of Real Broker
Listing Agent David Robles DRE#01134528

Interior Features

Kitchen Information
Features Updated Kitchen
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 5
Flooring Information
Material Wood
Additional Information
Additional Features Balcony
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: David Robles, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 27th, 2024 at 10:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.