525 N Sycamore Avenue 304, Los Angeles, California 90036, Los Angeles, 90036 - 1 bed, 1 bath
ACTIVE$399,000
525 N Sycamore Avenue 304, Los Angeles, California 90036
1Bed
1Bath
622Sqft
39,897Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location & Walkability: Situated in the heart of Los Angeles, this condo boasts a highly walkable neighborhood with unparalleled access to Mid-Wilshire, Melrose's trendy shops, The Grove, Farmers Market, LACMA, and the Hollywood Bowl, appealing to a wide range of urban dwellers.
Top Cons:
Compact Living Space: At 622 square feet, the unit is relatively small for a 1-bedroom condo, which may limit its appeal to buyers seeking more spacious living arrangements.
Compared to the nearby listings
Price:$399.0K vs avg $441.0K ($-42,000)14%
Size:622 sqft vs avg 676 sqft29%
Price/sqft:$641 vs avg $65914%
More Insights
Built in 1972 (53 years old).
Condition: Built in 1972, this condo shows signs of an older renovation, likely 15-30 years ago. The kitchen features dated white cabinets, worn dark countertops, and a mix of older black and newer stainless steel appliances, along with dated tile flooring. The living areas have laminate flooring and walls show visible marks and wear. While functional, the property requires minor updates and cosmetic repairs to modernize its aesthetic and bring it to current standards.
Year Built
1972
Close
-
List price
$399K
Original List price
$450K
Price/Sqft
$641
HOA
$595
Days on market
-
Sold On
-
MLS number
SR25141805
Home ConditionFair
Features
Good View: City Lights, Hills, Landmark, Mountain(s), Neighborhood, Trees/Woods
Deck
Pool
ViewCity Lights,Hills,Landmark,Mountain(s),Neighborhood,Trees/Woods
About this home
Modern City Living with a View! PRICE IMPROVEMENT! Welcome to this bright and airy 1 bedroom, 1 bath condo located on the 3rd floor of a well-maintained, controlled-access building in the heart of Los Angeles. Enjoy your morning coffee or evening unwind on the private balcony with view of the Hollywood Sign. The unit includes two dedicated parking spots, a rare perk — and sits in a highly walkable neighborhood. Just minutes from the Mid-Wilshire District, Melrose’s trendy shops and restaurants, The Grove, Farmers Market, LACMA, and the iconic Hollywood Bowl, this home puts you in the center of it all. Whether you're a culture lover, foodie, or commuter, this location offers unmatched access to the best of LA.
Price History
Date
Event
Price
06/23/98
Sold
$76,000
03/14/16
Sold
$402,500
Condition Rating
Fair
Built in 1972, this condo shows signs of an older renovation, likely 15-30 years ago. The kitchen features dated white cabinets, worn dark countertops, and a mix of older black and newer stainless steel appliances, along with dated tile flooring. The living areas have laminate flooring and walls show visible marks and wear. While functional, the property requires minor updates and cosmetic repairs to modernize its aesthetic and bring it to current standards.
Pros & Cons
Pros
Exceptional Location & Walkability: Situated in the heart of Los Angeles, this condo boasts a highly walkable neighborhood with unparalleled access to Mid-Wilshire, Melrose's trendy shops, The Grove, Farmers Market, LACMA, and the Hollywood Bowl, appealing to a wide range of urban dwellers.
Rare Dual Parking: The inclusion of two dedicated parking spots is a significant and rare advantage in a dense urban environment like Los Angeles, adding substantial value and convenience.
Iconic Hollywood Sign View: The private balcony offers a desirable view of the Hollywood Sign, providing a unique and appealing aesthetic that enhances the property's charm and marketability.
Secure & Well-Maintained Building: The property is located within a controlled-access and well-maintained building, ensuring a sense of security and a pleasant living environment for residents.
Recent Price Reduction: A significant price improvement from the original list price indicates increased value and potential for a competitive offer, making it an attractive opportunity for buyers.
Cons
Compact Living Space: At 622 square feet, the unit is relatively small for a 1-bedroom condo, which may limit its appeal to buyers seeking more spacious living arrangements.
Substantial Monthly HOA Dues: The $595 monthly association fee is a notable recurring cost that could be a deterrent for budget-conscious buyers, adding significantly to the overall housing expense.
Building Age: Built in 1972, the building is over 50 years old. While described as well-maintained, older construction can sometimes imply potential for aging infrastructure or future special assessments, despite current condition.