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816 N Sycamore Avenue, Los Angeles, California 90038, Los Angeles, 90038 - 5 bed, 6 bath

816 N Sycamore Avenue, Los Angeles, California 90038 home-pic-0
ACTIVE$3,495,000
816 N Sycamore Avenue, Los Angeles, California 90038
5Beds
6Baths
5,484Sqft
7,427Lot

Price Vs. Estimate

The estimated value ($3,495,000) is $0 (0%) lower than the list price ($3,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2020, this custom modern home offers contemporary aesthetics and up-to-date building standards, appealing to buyers seeking a move-in ready, stylish property.
Top Cons:
As-Is Sale Condition: The property is sold 'AS IS,' requiring the buyer to verify all records and permits with the City, which may imply potential undisclosed issues or a lack of seller willingness for repairs.

Compared to the nearby listings

Price:$3.50M vs avg $1.07M (+$2,429,000)93%
Size:5,484 sqft vs avg 1,798 sqft93%
Price/sqft:$637 vs avg $59657%

More Insights

Built in 2020 (5 years old).
Condition: This property, built in 2020, is a custom modern home featuring the highest and most luxurious finishes throughout. The kitchen boasts quartzite countertops, sleek modern cabinetry, and integrated high-end appliances. Bathrooms are equally luxurious with large format marble-look tiles, freestanding tubs, and contemporary fixtures. All components are new or virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation, perfectly aligning with the 'Excellent' criteria.
Year Built
2020
Close
-
List price
$3.5M
Original List price
$4M
Price/Sqft
$637
HOA
-
Days on market
-
Sold On
-
MLS number
25497171
Home ConditionExcellent
Features
Deck
Pool
Patio
View-

About this home

Welcome to 816 N Sycamore Ave. This custom modern home was built in 2020. This luxurious property is the perfect balance of indoor/outdoor living. This stunning home boast 5 bedrooms and 6 baths. From the custom, marble front door all the way to the pool/ADU, this home was made with the highest and most luxurious finishes. Upstairs in the main house you will find the primary suite, two en-suite bedrooms, laundry room and a sitting/reading area. The large primary suite features a fireplace, grand walk-in closet, and balcony overlooking the pool. Downstairs, you have an expansive open concept floor plan that features an en-suite bedroom, formal dining room, family room, and kitchen with quartzite countertops. The living room features an expansive sliding glass door that opens up seamlessly to the backyard, pool, and ADU designed exquisitely for entertainment or relaxation. The ADU features a full bath on the lower level, and a bonus room with a stove and sink, as well as theatre room. This modern home has numerous high end features for relaxing or entertaining friends or family. Sold AS IS. Buyer to verify with City all records and permits. Seller concession available.

Price History

Date
Event
Price
12/24/20
Sold
$825,000
07/09/18
Sold
$1,726,000
Condition Rating
Excellent
This property, built in 2020, is a custom modern home featuring the highest and most luxurious finishes throughout. The kitchen boasts quartzite countertops, sleek modern cabinetry, and integrated high-end appliances. Bathrooms are equally luxurious with large format marble-look tiles, freestanding tubs, and contemporary fixtures. All components are new or virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation, perfectly aligning with the 'Excellent' criteria.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2020, this custom modern home offers contemporary aesthetics and up-to-date building standards, appealing to buyers seeking a move-in ready, stylish property.
Luxury Finishes & High-End Amenities: The property boasts the 'highest and most luxurious finishes' throughout, including quartzite countertops and numerous high-end features, indicating premium quality and attention to detail.
Exceptional Indoor/Outdoor Living: Designed for seamless indoor/outdoor living, the expansive sliding glass doors open to a backyard with a pool, creating an ideal environment for entertainment and relaxation.
Dedicated ADU with Comprehensive Amenities: The property includes a well-appointed Accessory Dwelling Unit (ADU) featuring a full bath, bonus room with a stove and sink, and a theatre room, offering significant versatility for guests, rental income, or dedicated entertainment space.
Spacious & Functional Layout: With 5 bedrooms and 6 baths across 5484 sqft, the home features an expansive open-concept floor plan, en-suite bedrooms, and a primary suite with a fireplace, grand walk-in closet, and balcony.

Cons

As-Is Sale Condition: The property is sold 'AS IS,' requiring the buyer to verify all records and permits with the City, which may imply potential undisclosed issues or a lack of seller willingness for repairs.
Significant Price Reduction: A substantial price reduction from the original list price of $3,995,000 to $3,495,000 could suggest initial overpricing or a lack of market demand at the higher price point.
Lack of Desirable Views: The property description explicitly states 'View: None,' which can be a drawback for a luxury home in Los Angeles where desirable views often command a premium.

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