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1247 South Sycamore Avenue

1247 South Sycamore Avenue, Los Angeles, CA 90019
Property in Redondo Sycamore
Sold Jan 31, 2023
$2,250,000
Buyer
Seller
$1,912,500 by A&d Mortgage Llc
Mortgage Due Feb 01, 2063
Sold May 05, 2021
$1,549,000
$1,053,320 by Bay Valley Mortgage Group
Mortgage Due Jun 01, 2051
Local assessors in Los Angeles, CA have categorized 1247 South Sycamore Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 6,265 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1247 South Sycamore Avenue has a total of 3,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1247 South Sycamore Avenue was last sold in Dec 28, 2022 for $2,250,000. According to our calculations, that's $685.98 per sqft. Prior to that sales transaction, the property was sold for $1,549,000 in Mar 24, 2021. Current property owners are expected to pay $18,836 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1247 South Sycamore Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,917,600. To break that down further, the land itself was valued at $1,428,000. While improvements to the property were assessed at a total of $489,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,265
  • Total Building Area: 3,280
  • Gross Building Area: 3,280
  • Building Area: 3,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5069
  • Land Acres: 0.144
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5069 LOT/SEC 337

Ownership

  • Current Owner : ERVIN GLENN
  • Previous Owner : GOM CORP
  • Owner Before Previous Owner: SCHIFMAN ARON
  • Owner Before Previous Owner 2: SCHIFMAN ELAINE KAREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 217200

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B3
  • Subdivision Tract Number: 5069
  • Parcel: 5084-030-013
  • Lot: 337
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0518
  • Longitude: -118.347

    Address

  • Full Address: 1247 S Sycamore Ave
  • Address - House Number: 1247
  • Street Direction: S
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C047
  • 4-Digit Zip Code: 1534
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,836
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 2,178,318
  • High Value: 2,325,902
  • Low Value: 2,030,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,912,500
  • First Open Lien Mortgage Lender: A&D MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 31, 2023
  • First Open Lien Mortgage Loan Amount: $1,912,500
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,917,600
  • Assessed Land Value: $1,428,000
  • Assessed Improvements Value: $489,600

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Transaction ID: 11901531589
  • Current Sale Price: $2,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 62335
  • Previous Sale Recording Date: May 05, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $1,549,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: A&D MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 31, 2023
  • First Mortgage Loan Amount: $1,912,500
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2063

    Previous Mortgages

  • Previous Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • Previous Mortgage Transaction Date: May 05, 2021
  • Previous Mortgage Loan Amount: $1,053,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

About Central LA



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Frequently Asked Questions

What neighborhood is 1247 South Sycamore Avenue located in?
The 1247 South Sycamore Avenue is a located in the neighborhood of Redondo Sycamore in Central LA, Los Angeles.
What is the average sales price for listings in 1247 South Sycamore Avenue?
The average sales price for units in 1247 South Sycamore Avenue is $0 currently.

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