
Los Angeles, California 90036
This Turnkey Condominium represents a Strong Value Opportunity, listed at $429,000—positioned well below the $415,664 Fair Market Value by -3%. While the list price is slightly above market, the property offers a Condition Rating of 2, featuring a comprehensive recent remodel with modern stainless steel appliances and updated flooring. Located in the vibrant Hancock Park/Miracle Mile area, this unit provides a secure, amenity-rich lifestyle with a heated pool and two covered parking spaces. It is an ideal acquisition for first-time buyers or urban professionals seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 N Sycamore Avenue 301 Subject 1 bd · 1 ba · 694 sqft · $595 | $419,900* List Price | 1 | 1 | 694 | $595 | - |
A 525 N Sycamore Avenue 225 Sold 1 bd · 1 ba · 970 sqft · $490 · 0.0 mi | $475,000 | 1 | 1 | 970 | $490 | 0.0 mi |
B 525 N Sycamore Avenue 409 Active Under Contract 1 bd · 1 ba · 694 sqft · $618 | $429,000 List Price | 1 | 1 | 694 | $618 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the condo has undergone a recent comprehensive remodel within the last 5 years. The interior features a modern kitchen with sleek stainless steel appliances and white shaker cabinets, updated flooring throughout, and a fully refreshed bathroom, making it completely move-in ready with no immediate maintenance needed.
Situated in the highly desirable Hancock Park/Miracle Mile area, the property offers immediate access to the vibrant dining and shopping scenes of Melrose and La Brea.
The inclusion of two covered parking spaces is a rare and highly valuable asset for a one-bedroom condo in a high-density Los Angeles neighborhood.
The unit has been tastefully remodeled with updated flooring and sleek stainless steel appliances, offering a modern aesthetic that appeals to contemporary buyers.
Having spent over 120 days on the market with multiple price cuts, the listing may struggle with buyer momentum and perceived value.
The lack of in-unit laundry, requiring use of community facilities, may be seen as a convenience deficit compared to newer or more premium developments.
Beautiful remodeled 1 bed, 1 bath condo in the highly sought-after Hancock park/Miracle Mile area featuring updated flooring, sleek stainless steel appliances, and a private balcony. Two covered parking spaces add convenience in the heart of the city. Enjoy the peace of mind of a secure gated garage with cameras and key fob entry, plus the amenities of Sycamore Villas: a heated pool, sauna, rec room, and community laundry. Pet-friendly and centrally located just minutes from the vibrant dining and shopping scene on Melrose and La Brea. This condo offers the best of comfort, style, and convenience. HOA includes water, trash, earthquake ins, landscaping, pool and on-site janitor 5days/week.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 694 | 1,252.996 |
| Lot Size | 39,885 | 26,029.603 |
| Price | $419.9K | $778.5K |
| Price per sq ft | $605 | $629 |
| Built year | 1972 | 1981 |
| HOA | $595.0 | $676 |
| Days on market | 175 | 74 |
Oct 12, 2026
$419,900
$429,000
-2% Price Drop
Initial Listing
Sep 18, 2026
$429,000
$449,900
-5% Price Drop
Initial Listing
Aug 8, 2026
$449,900
$459,000
-2% Price Drop
Initial Listing
May 18, 2026
$459,000
Initial Listing
May 18, 2005
$352,000
Public Record