422 S Sycamore Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 2 bath
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422 S Sycamore Avenue
Los Angeles, California 90036
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,769Sq Ft
6,504Lot Size
Property Price
LIST PRICE$1,749,000
EST. MARKET VALUE
$1,814,475
3% BelowMARKET VALUE
SUMMARY
This Spanish-style residence represents a Strong Value Opportunity, listed at $1,749,000—positioned well below the $1,814,475 Fair Market Value by 3%. This valuation gap offers $65,475 in Instant Equity. Featuring a Condition Rating of 2, the home includes a renovated kitchen and a versatile two-story ADU addition. Located in the Third Street School District, this property balances lifestyle appeal with income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey asset in Hancock Park.
Estimated Market Value
$1,814,475+$65,475 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 422 S Sycamore Avenue Subject | $1,749,000* List Price | 3 | 2 | 1,769 | $1,026 | - |
A 306 S Orange Drive Sold | $2,085,000 | 3 | 2 | 1,885 | $1,106 | 0.2 mi |
B 639 S Sycamore Avenue Sold | $1,779,875 | 3 | 2 | 1,398 | $1,273 | 0.2 mi |
C 821 S Cloverdale Avenue Sold | $2,095,000 | 4 | 3 | 2,344 | $894 | 0.5 mi |
D 166 S Gardner Street Sold | $2,054,000 | 4 | 4 | 2,007 | $1,023 | 0.7 mi |
E 851 S Orange Drive Sold | $1,992,000 | 4 | 3 | 2,401 | $830 | 0.5 mi |
F 243 S Formosa Avenue Sold | $2,200,000 | 4 | 3 | 2,461 | $894 | 0.3 mi |
G 827 Hauser Blvd Active | $1,990,000 List Price | 3 | 3 | 1,816 | $1,096 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances and custom cabinetry, updated flooring, and new windows. Visual evidence of a tankless water heater and fresh exterior/interior finishes indicates systems and surfaces are in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Lifestyle
Situated on a picturesque tree-lined street in Hancock Park, the property offers exceptional walkability to La Brea’s dining, Miracle Mile, and falls within the highly-coveted Third Street School District.
- Versatile ADU Potential
The inclusion of a two-story addition attached to the garage featuring a bedroom and bathroom provides rare flexibility for rental income, a guest suite, or a private home office.
- Renovated Period Charm
This 1924 Spanish-style residence has been thoughtfully updated to blend classic architectural elegance with modern amenities, including a renovated kitchen with stainless steel appliances and custom cabinetry.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Main Living Area
At approximately 1,769 square feet for the main residence, the interior footprint may feel restrictive for buyers accustomed to the larger estates typically found in the Hancock Park area.
- Significant Price Depreciation
The current list price of $1.749M is substantially lower than the 2022 sale price of $1.985M, which may indicate a correction in value or specific market challenges for this particular lot.
About 422 S Sycamore Avenue
Welcome to 422 S Sycamore Ave, a beautifully renovated Spanish style residence nestled in the heart of Hancock Park. With 3 bedrooms and 2 bathrooms, this approx. 1,769 square foot home offers the perfect blend of classic elegance with modern comfort. As you step through the entryway, you’ll be greeted by a spacious living room and large windows that flood the space with natural light. The formal dining room is perfect for entertaining, while the updated kitchen offers stainless steel appliances, custom cabinetry, and a cozy breakfast nook. The bedrooms are generously sized, offering ample closet space and the primary with an en-suite bath. The private backyard is an oasis for al fresco dining, and plenty of space to relax or entertain. Located on a picturesque tree-lined street, this home is just steps away from La Brea's world-class dining and shopping, as well as the cultural treasures of the Miracle Mile. The upcoming Purple Line subway will make commuting a breeze, while the coveted Third Street School District ensures top-notch education options. This property comes with a two-story addition attached to the two-car garage, with 1 bedroom and 1 bathroom, offering endless possibilities for guests, home office, or rental income. Off-street parking in the driveway is a coveted bonus in this bustling neighborhood. Experience the timeless elegance of this Hancock Park gem with its unbeatable location, and Spanish charm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 6,504 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,769 | 1,664.159 |
| Lot Size | 6,504 | 6,066.556 |
| Price | $1.75M | $1.35M |
| Price per sq ft | $989 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 21 | 55 |
Pricing History
Listed for Sale
Aug 19, 2026
$1,749,000
Initial Listing
Sold
Apr 12, 2022
$1,985,000
Public Record