525 N Sycamore Avenue , #333

    Los Angeles (City), CA 90036
    • $494,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: SB20053118
    UPDATED: 38 min ago
    $494,000
    • 0
      BEDS
    • 0.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 645
      SQFT
    • $766
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    NEWLY REMODELED & GREAT LOCATION +GG Enjoy this peacefully located condo while being just steps away from Melrose/La Brea area that has some of LA+GGs best restaurants, bars, cafes, and shops! This beautifully updated 1 Bedroom condo includes new in-unit washer/dryer, soundproof entrance door and wall facing hallway, new bathroom vanity and mirror, recessed lighting, and refinished bathtub. This well-maintained building offers controlled access, gated parking, heated pool, and sauna. The unit is currently tenant occupied with $2300 monthly rent and subject to rent increase for 4% in December 2020. The tenant is on a two-year lease, which expires in November 2021. Add this stable cash flow condo to your investment portfolio!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T23:33:42.943. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/104032164

    525 N Sycamore Avenue , #333 Los Angeles (City), CA 90036

    • Price: $494,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: SB20053118
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.92
    Acres
    645
    SQFT
    $766
    $/SQFT
    1972
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    NEWLY REMODELED & GREAT LOCATION +GG Enjoy this peacefully located condo while being just steps away from Melrose/La Brea area that has some of LA+GGs best restaurants, bars, cafes, and shops! This beautifully updated 1 Bedroom condo includes new in-unit washer/dryer, soundproof entrance door and wall facing hallway, new bathroom vanity and mirror, recessed lighting, and refinished bathtub. This well-maintained building offers controlled access, gated parking, heated pool, and sauna. The unit is currently tenant occupied with $2300 monthly rent and subject to rent increase for 4% in December 2020. The tenant is on a two-year lease, which expires in November 2021. Add this stable cash flow condo to your investment portfolio!
    Exterior Features

    Architectural Style Contemporary Entry Level 1 Entry Location East Garage Spaces 1.00 Lot Features 36-40 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCoveredDriveway LevelOff Street Parking Total 1.00 Parking YN Yes Pool Features CommunityHeated Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Courtyard View YN Yes

    Interior Features

    Appliances DishwasherElectric OvenElectric CooktopDisposalMicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 645 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Electric Heating YN Yes Interior Features BalconyUnfurnished Laundry Features Common AreaInside Levels Three Or More Room Type LaundryLiving RoomMaster BathroomMaster BedroomWalk-In Closet

    Property Features

    Additional Parcels YN No Association Amenities PoolSaunaGym/Ex RoomClubhouseEarthquake InsuranceTrashSewerWater Association Fee 377.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 27600.00 Gross Scheduled Income 27600.00 Inclusions RefrigeratorMicrowaveDishwasherKitchen StoveLaundry Washer/Dryer (2 in 1) Insurance Expense 616.00 Land Lease YN No Laundry YN Yes Net Operating Income 16532.00 New Construction YN No New Taxes Expense 5928.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 1 Number Wall AC 1 Number With Dishwasher 1 Number With Disposal 1 Number With Range 1 Number With Refrigerator 1 Operating Expense 11068.00 Other Expense 4524.00 Other Expense Description Hoa Professional Management Expense 0.00 Property Condition Updated/Remodeled Property Sub Type Condominium Rent Control YN Yes Security Features Automatic GateCarbon Monoxide Detector(S)Card/Code AccessGated CommunitySmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 27600.00 Total Expenses 11068.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lard1.5

    Listing provided courtesy of Keiko Yamagishi of Meldia Investment Realty Of America


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T23:33:42.943. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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