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1618 South Sycamore Avenue

1618 South Sycamore Avenue, Los Angeles, CA 90019
Property in Mid City
Sold Dec 19, 1997
$102,000
$230,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Sold Apr 10, 1997
$186,062
Local assessors in Los Angeles, CA have categorized 1618 South Sycamore Avenue as a residential type of property. The home was built in 1937 and is 87 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 6,255 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1618 South Sycamore Avenue has a total of 1,512 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The building has a flat style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 8, 1997 for $102,000. That's $67.46 per sqft. Prior to that sales transaction, the property was also sold in Apr 9, 1997 for $186,062. 1618 South Sycamore Avenue was last assessed in 2023. The total value of the property was assessed at $276,227. Specifically, the land the property is located on was valued at $193,366. While improvements on the property were assessed at a total of $82,861. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,460. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,255
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5955
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5955 LOT/SEC 36 BLK/DIV/TWN 7

Ownership

  • Current Owner : HOLMES GREGORY B
  • Current Owner 2: HOLMES KAREN A
  • Previous Owner : BANKERS TRUST COMPANY
  • Owner Before Previous Owner: OTTLEY VELMA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 218300

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 43-A3
  • Subdivision Tract Number: 5955
  • Parcel: 5067-002-033
  • Block: 7
  • Lot: 36
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0446
  • Longitude: -118.349

    Address

  • Full Address: 1618 S Sycamore Ave
  • Address - House Number: 1618
  • Street Direction: S
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C056
  • 4-Digit Zip Code: 5334
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,460
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 1,067,652
  • High Value: 1,320,628
  • Low Value: 814,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,227
  • Assessed Land Value: $193,366
  • Assessed Improvements Value: $82,861

    Sales

  • Current Sale Contract Date: Oct 08, 1997
  • Current Sale Recording Date: Dec 19, 1997
  • Current Sale Transaction ID: 1034447343
  • Current Sale Price: $102,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-1997603
  • Previous Sale Recording Date: Apr 10, 1997
  • Previous Sale Contract Date: Apr 09, 1997
  • Previous Sale Amount: $186,062
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CMG FUNDING CORP
  • First Mortgage Transaction Date: Dec 19, 1997
  • First Mortgage Loan Amount: $86,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2028

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1618 South Sycamore Avenue located in?
The 1618 South Sycamore Avenue is a located in the neighborhood of Mid City in South LA, Los Angeles.
What is the average sales price for listings in 1618 South Sycamore Avenue?
The average sales price for units in 1618 South Sycamore Avenue is $0 currently.

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