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849 North Sycamore Avenue

849 North Sycamore Avenue, Los Angeles, CA 90038
Multifamily in Greater Wilshire
Sold Aug 26, 1998
$270,000
$475,000 by Loandepot.com Llc
Mortgage Due Nov 01, 2051
849 North Sycamore Avenue in Los Angeles, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 849 North Sycamore Avenue has 2,763 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,163 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 849 North Sycamore Avenue sold most recently in Jun 25, 1998 for a total of $270,000. If you work out the math, that's approximately a cost of $97.72 per sqft. 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 $5,117 in taxes each year. 849 North Sycamore Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $406,830. If we break it down further, the land itself was valued at $195,879. Improvements to the property, however, were assessed at a total of $210,951. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,163
  • Total Building Area: 2,763
  • Building Area: 2,763
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,763
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4608
  • Land Acres: 0.187
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 4608 LOT/SEC 46

Ownership

  • Current Owner : LEWIS JAMES G
  • Previous Owner : ACKLES QUEENIE TRS ACKLES FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191902

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 34-B5
  • Subdivision Tract Number: 4608
  • Parcel: 5525-005-020
  • Lot: 46
  • Municipality: WEST /HOLLYWOOD
  • Latitude: 34.0867
  • Longitude: -118.343

    Address

  • Full Address: 849 N Sycamore Ave
  • Address - House Number: 849
  • Street Direction: N
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 3316
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,117
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,038,298
  • High Value: 2,502,412
  • Low Value: 1,574,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,830
  • Assessed Land Value: $195,879
  • Assessed Improvements Value: $210,951

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 1998
  • Current Sale Recording Date: Aug 26, 1998
  • Current Sale Transaction ID: 1040605854
  • Current Sale Price: $270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98-1523876

    Last Sale Mortgage

  • First Mortgage Lender: DELTA HOME LOANS INC
  • First Mortgage Transaction Date: Aug 26, 1998
  • First Mortgage Loan Amount: $216,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2028
  • Second Mortgage Loan Amount: $27,000

About Central LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$5,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,620 ft²
Listing by Sarah Frost

Frequently Asked Questions

What neighborhood is 849 North Sycamore Avenue located in?
The 849 North Sycamore Avenue is a multifamily located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 849 North Sycamore Avenue?
The average sales price for units in 849 North Sycamore Avenue is $0 currently.

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