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2055 North Sycamore Avenue

2055 North Sycamore Avenue, Los Angeles, CA 90068
Sold Apr 21, 2000
$660,000
$625,500 by Caliber Funding Llc
Mortgage Due Jul 01, 2042
Sold Sep 28, 1994
$310,000
$294,500 by First Franklin Fin
Mortgage Due Oct 01, 2024
2055 North Sycamore Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2055 North Sycamore Avenue has 2,295 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 880 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 5,287 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a flat style roof made of gravel/rock. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2055 North Sycamore Avenue sold most recently in Apr 3, 2000 for a total of $660,000. If you work out the math, that's approximately a cost of $287.58 per sqft. Before that, the property was also sold for $310,000 in Aug 11, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,644 in taxes each year. 2055 North Sycamore Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $974,995. If we break it down further, the land itself was valued at $622,225. Improvements to the property, however, were assessed at a total of $352,770. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,287
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,295
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P M 102-26-27 EX OF ST LOT A

Ownership

  • Current Owner : ARDEN MICHAEL
  • Previous Owner : IRVINE KEVIN
  • Previous Owner 2: ESQUIBEL MICHAEL
  • Owner Before Previous Owner: PRUDENTIAL HOME MTG CO INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189702

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 34-B2
  • Parcel: 5549-024-044
  • Lot: A
  • Municipality: WEST /HOLLYWOOD BOWL
  • Latitude: 34.1081
  • Longitude: -118.342

    Address

  • Full Address: 2055 N Sycamore Ave
  • Address - House Number: 2055
  • Street Direction: N
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C008
  • 4-Digit Zip Code: 3735
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,644
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 2,461,892
  • High Value: 2,938,291
  • Low Value: 1,985,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,500
  • First Open Lien Mortgage Lender: CALIBER FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jul 06, 2012
  • First Open Lien Mortgage Loan Amount: $625,500
  • 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, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $974,995
  • Assessed Land Value: $622,225
  • Assessed Improvements Value: $352,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2000
  • Current Sale Recording Date: Apr 21, 2000
  • Current Sale Transaction ID: 1012817648
  • Current Sale Price: $660,000
  • Current Sale Document Type: Individual Deed
  • Current Sale Input Document Number: 00-0604169
  • Previous Sale Recording Date: Sep 28, 1994
  • Previous Sale Contract Date: Aug 11, 1994
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Apr 21, 2000
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2030

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN FIN
  • Previous Mortgage Transaction Date: Sep 28, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $294,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2024

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Frequently Asked Questions

What neighborhood is 2055 North Sycamore Avenue located in?
The 2055 North Sycamore Avenue is a located in the neighborhood of Hollywood Heights in Central LA, Los Angeles.
What is the average sales price for listings in 2055 North Sycamore Avenue?
The average sales price for units in 2055 North Sycamore Avenue is $0 currently.

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