933 S Sycamore Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 5 bed, 4 bath
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933 S Sycamore Avenue
Los Angeles, California 90036
ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
4,979Sq Ft
6,459Lot Size
Property Price
LIST PRICE$2,750,000
EST. MARKET VALUE
$2,835,140
3% BelowMARKET VALUE
SUMMARY
This Turnkey Spanish Estate represents a Prime Investment Opportunity, listed at $2,750,000—positioned well below the $2,835,140 Fair Market Value by 3%. This valuation gap offers $85,140 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers a complete down-to-the-studs renovation, a Gourmet Marble Kitchen, and a Permitted Pool House. Located in the prestigious Sycamore Square enclave, this property is an ideal sanctuary for discerning homeowners or luxury lifestyle seekers.
Estimated Market Value
$2,835,140+$85,140 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 |
|---|---|---|---|---|---|---|
★ 933 S Sycamore Avenue Subject 5 bd · 4 ba · 4,979 sqft · $569 | $2,750,000* List Price | 5 | 4 | 4,979 | $569 | - |
A 736 S Cloverdale Avenue Sold 4 bd · 4 ba · 3,936 sqft · $584 · 0.2 mi | $2,300,000 | 4 | 4 | 3,936 | $584 | 0.2 mi |
B 949 S Highland Avenue Active 4 bd · 4 ba · 3,183 sqft · $644 · 0.3 mi | $2,050,000 List Price | 4 | 4 | 3,183 | $644 | 0.3 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.
Complete down-to-the-studs renovation resulting in near-new construction status. All major systems are new, including dual HVAC, electrical, plumbing, roof, and a reinforced foundation. The interior features high-end designer finishes, a luxury marble kitchen with premium appliances, and mint-condition white oak flooring.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Reconstruction
Taken down to the studs with all-new systems, including electrical, plumbing, and a reinforced foundation, this home offers the peace of mind of new construction within a classic 1925 Spanish shell.
- Gourmet Culinary Center
The expansive 40-foot kitchen features a 13-foot Calacatta marble island and top-tier Sub-Zero and Thermador appliances, creating a premier space for high-end entertaining.
- Versatile Permitted Pool House
The inclusion of a permitted pool house provides valuable additional square footage that can serve as a private gym, home office, or studio, separate from the main five-bedroom residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4979, other record living area = 3882. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- High Building-to-Lot Ratio
With nearly 5,000 square feet of living space on a 6,459 square foot lot, the outdoor yard space is relatively compact, which may feel constrained for buyers seeking expansive grounds.
- Variable School District Ratings
While the location is prestigious, some assigned local public schools carry lower performance ratings, which may be a consideration for families prioritizing the public school tier.
About 933 S Sycamore Avenue
***Seller offers $30,000 credit toward buyer interest rate buy-down*** Ideally positioned between Hancock Park and the Miracle Mile, Casa del Olivo sits in the coveted Sycamore Square enclave — a central LA address that puts world-class dining, culture, and connectivity at your doorstep. The curb appeal makes a lasting impression, and every detail inside more than delivers. Professionally designed and taken down to the studs, this home offers timeless Spanish character with the peace of mind of near-new construction. Every major system has been upgraded: new electrical, plumbing, sewer line, roof, stucco, two HVAC systems, two tankless water heaters, and a reinforced foundation brought up to current code — a turnkey home with none of the hidden costs of an older property. The exterior showcases smooth stucco, drought-tolerant landscaping, travertine pavers, and the striking sixty-year-old olive tree that gives Casa del Olivo its name and its soul. Inside, an expansive foyer welcomes you with a curved staircase, lime-washed powder room, and Hennessy white oak floors throughout an open main level with custom imported lighting. The nearly 40-foot kitchen is the heart of the home — Sub-Zero, Thermador, and JennAir appliances, Calacatta Caldia marble counters and backsplash, and a dramatic 13-foot island. It opens to a spacious living room with a fireplace and west-facing French doors filled with afternoon light. Upstairs, four of the five bedrooms feature custom fixtures and built-in closets. The primary suite is a private retreat with a walk-in closet and spa-inspired marble bath. An upstairs family room adds flexible space to relax or work from home. The backyard is built for entertaining and tranquility, with a heated pool and spa, lush lawn, and tall ficus trees for privacy. A permitted pool house offers a covered lounge and enclosed room ideal for a gym or studio. Minutes from LACMA, the Petersen, and Miracle Mile dining and shopping, Casa del Olivo offers 4,979 SF of refined living — including the permitted pool house — in a coveted Hancock Park-adjacent location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 6,459 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wilshire Crest Elementary School
Grades K-5 • 0.1 mi
2/10
Third Street Elementary School
Grades K-5 • 1.1 mi
8/10
Hancock Park Elementary School
Grades K-5 • 1.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,979 | 1,670.836 |
| Lot Size | 6,459 | 6,152.156 |
| Price | $2.75M | $1.34M |
| Price per sq ft | $552 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 32 | 56 |
Pricing History
Listed for Sale
Oct 8, 2026
$2,750,000
Initial Listing
Sold
Mar 5, 2025
$1,650,000
Public Record