4947 Sycamore Terrace

Los Angeles, CA
$ 1,400,000 Beds 9 Baths 5
Monthly Estimate* How much can I afford?

We are pleased to present for sale a charming 5 Unit, value-add multifamily building with a nearly FLAT 19,367 Square Foot Lot in one of LA's Hottest Locations - Highland Park! The property appeals to an astute apartment investor looking to add significant value by unit renovations as well as potential ADU developments. There is approximately 116% upside potential by renovating two (3 Bedroom and 1 Bathroom Units) and 3 (1 Bedroom and 1 Bathroom Units). Market GRM of 9.41 and Market Cap Rate of 7.95%. There are 3 individual structures on the site allowing for above market rents. The property is zoned RD2-1 and is located in Highland Park's Historic Preservation Overlay Zone (HPOZ) and in a Tier 3 Transit Oriented Community (TOC). Buyer to conduct ANY/ALL due diligence including but not limited to the development feasibility, HPOZ limitations, historical preservation, contributing status of property/structures, etc. PLEASE DO NOT DISTURB TENANTS!

Pending

  • Price
  • $ 1,400,000
  • Lot Size
  • 0.44 Acres
  • Bedrooms
  • 9
  • Full Bathrooms
  • 5
  • Year Built
  • 1907
  • Half Bathrooms
  • 0
  • City, Zip
  • Los Angeles
  • County
  • LOS ANGELES
  • Style
  • Craftsman
  • Area
  • Highland Park
  • MLS#
  • 21728516
  • Zip
  • 90042
Listing Provided by: Eric Dilanian with Remax Commercial and Investment Realty.
Data Source: CRMLS

Features

General

Architectural Style Craftsman
Cooling Wall/Window Unit(s)
Heating Wall Furnace
Listing Agent Eric Dilanian - BRE#01951699
Listing Agent State License 01951699
MLS Area 632 - Highland Park
Parking Features Assigned
Property Type Residential Income
Special Listing Conditions Standard
Status Pending
Total Units 5
View Hills
Zoning LARD2

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.41
Lot Size Area 19367
Lot Size Source Assessor
Lot Size Square Feet 19367
Lot Size Units Square Feet
Number of Buildings 3
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Oxnard, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/6/2021 Listed $1,400,000

Property vs Zip Code Average in 90042

Price
AVG $870K
$1.4M
Visits
AVG 53
8
Year Built
AVG 1945
1907
Walkscore
AVG 70
82
Data Provided by Walkscore ® not using MLS data

Map

4947 Sycamore Terrace Los Angeles, CA is a Single Family Home for sale at $1400000 and a lot size of 0.44 Acres Acre(s). 4947 Sycamore Terrace Los Angeles has 9 bedrooms, 5 baths and was built in 1907. The property's zip code is 90042 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.