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$4,099,000

Beds
5
Baths
6.0
sq ft
5,484

816 N Sycamore Ave, Los Angeles, CA 90038

816 N Sycamore Ave

Los Angeles, CA 90038

  • 89 days on market
    • Price drop $100,000↓
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. Seller concession available.

Details

Property type

Single Family Residence

Est. home value

$2,332,960

Lot size

7,427 sq ft

Price per sq ft

$748

Year built

2020

HOA

No

Price History

09/24/2024
CLAW

CLAW #24412879

Price change
$4,099,000
-2.38%
07/09/2024
CLAW

CLAW #24412879

Listed
$4,199,000
+143.28%
07/09/2018
CLAW

CLAW #18348288

Sold
$1,726,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,754,346
Asking price
$4,099,000
Closing costs (~8% of asking)
-$327,920
Est. remaining loan balance
-$1,016,734
Cash to seller
$2,754,346

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

June 2022

Original loan amount

$1,034,662

Est. remaining balance

$1,016,734

Interest rate

5.3%

Loan type

New Conventional, 40 year

Seller

Chika Ogunnaike

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/07/2024 at 3:40 AM

Listing updated: 10/02/2024 at 8:49 AM

Listed by: Rotimi Ogunnaike, Stanfles Realty Phone #: (888) 863-2820

MLS: CLAW #24412879

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