
Los Angeles, California 90019
This Turnkey Spanish Villa represents a Strong Value Opportunity, listed at $788,000—positioned well above the $720,469 Fair Market Value by 9%. Featuring a Mint Condition Rating following a comprehensive structural rebuild, this residence offers modern luxury with a private balcony and mountain views. While the TIC ownership structure requires specialized financing, the high-end finishes and prime location near The Grove provide a sophisticated lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a fully modernized, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1801 1/2 S Sycamore Avenue Subject | $788,000* List Price | 3 | 2 | 1,448 | $498 | - |
A 1803 S Sycamore Avenue Active | $838,000 List Price | 3 | 2 | 1,448 | $579 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete rebuild including a new foundation, framing, roof, and all major systems (HVAC, electrical, plumbing, and sewer). The kitchen and bathrooms feature high-end, modern designs with brand-new stainless steel appliances and smart home technology, qualifying it as a mint-condition renovation completed within the last 5 years.
Beyond a cosmetic refresh, the property features a complete structural overhaul including a new foundation, roof, framing, HVAC, and plumbing, ensuring long-term reliability.
The residence masterfully preserves 1930s Spanish villa charm with a turret and arched entries while integrating high-end modern finishes like quartz countertops and bespoke designer bathrooms.
Situated in Mid-Los Angeles, the property offers exceptional accessibility to Pico-Robertson, The Grove, and major transit corridors connecting to the Westside and Downtown.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1448, other record living area = 5793. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 8.
The property was recently sold within the past year on 2026-03-10. The sold price is $829,000.00.
As a Tenants in Common (TIC) interest, the property requires specialized financing and may face a more limited buyer pool compared to traditional fee-simple condominiums.
A 1930 Spanish villa fully rebuilt, privately elevated, with a balcony and mountain views.The building alone stops traffic: white stucco, clay tile roof, a turret, arched entry, and black-trimmed French windows set around a circular landscaped lawn. It looks like it belongs in Montecito. The upper-right residence is what's for sale.Inside, the living room is anchored by a decorative Spanish tile fireplace and washed in natural light from three oversized windows. The kitchen is finished with sage shaker cabinetry, quartz countertops, open wood shelving, and a full stainless Frigidaire suite refrigerator, range, and dishwasher all new. The master bath is a design statement: floor-to-ceiling geometric tile, glass enclosure with rain head, smart toilet, navy vanity, and arched mirror. The second bath matches the intention same tile, ribbed vanity, black fixtures. Both bathrooms were designed, not just renovated.The master bedroom is quiet and light-filled with three windows. The second bedroom is generous with a double closet and tree-line views equally at home as a guest room or dedicated office. In-unit Samsung stacked laundry is tucked into the hallway. Step outside to a private balcony off the upper level wrought iron railing, open sky, room for two.This is not a cosmetic refresh. The rebuild is complete: new foundation, new framing, new roof, new electrical, new plumbing, new HVAC, new sewer line. Three bedrooms, two baths, 1,448 square feet. Smart home technology and security cameras installed. Parking included with option for a second space.Offered as Owners in Common (TIC, Tenants in Common) a deeded ownership interest with no restrictions on sale or transfer. Financing available with as little as 10% down through lenders who specialize in TIC transactions. Four-unit community.Minutes from Pico-Robertson, the Grove, and easy access to the westside and downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,448 | 1,219.385 |
| Lot Size | 6,252 | 27,236.074 |
| Price | $788.0K | $800.2K |
| Price per sq ft | $544 | $650 |
| Built year | 1930 | 1979 |
| HOA | $266.0 | $685 |
| Days on market | 27 | 72 |
Aug 13, 2026
$788,000
Initial Listing
Mar 10, 2026
$829,000
Public Record
Dec 30, 2024
$1,500,000
Public Record