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12042 Sylvester Street

Los Angeles, CA 90066

$1,850,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
2,449 Sq. Ft.
$755 / Sq. Ft.
Sold

12042 Sylvester Street

Los Angeles, CA 90066

Sold
$1,850,000 Sale Price
$0/mo
5
Bed
0
Bath
2,449
Sq. Ft.
OWNER USER PROPERTY - All 3 units remodeled and can be delivered vacant or with mid term tenants. Presently rented as mid term (Executive) furnished rentals for $4,500-4,800/month each. Both downstairs units have HUGE PRIVATE YARDS, upstairs unit has private large deck. All units have their own laundry and separate utility meters. Garages currently being used by owners and will be delivered vacant. One garage is being used as a second bedroom for 1 bedroom unit. Roof and skylights less than 2 yrs old with additional 2 inch insulation, all new dual pane PVC Windows and sliding doors, Unit 42 extensively remodeled within the last year with high end finishes including 3 New Split AC units, Tankless Water Heater, upgraded electrical and plumbing, insulation, canned lights, top of the line Samsung Appliances, LG WashTower laundry, marble counter tops, mother of pearl penny tile in bathroom, high end gold fixtures, new top quality cabinets, Kitchen has Alkaline water purifier and opens to a large patio and yard filled with hand picked Hybrid long stem Roses, jasmine and gardenias. Fruit trees include Mango, Guava, Avocado (2), Myer Lemon (2), apple and tangerine. New irrigation system in both back yard and front yard fruit trees. New DG in front yard. 42 yard has landscaping and patio lighting. This is a one of a kind opportunity to purchase a beautiful home (nobody above owner's unit) and 2 rental units on a quiet street in a convenient location close to everything in LA. Sunday Farmers Market and many cafe's/restaurants in the neighborhood. Property can be sold furnished (with some exclusions.) New owner can choose to rent long term or continue furnished rentals at higher rates. This is a turn key property for those who are interested in the mid term rental market. Owners have lovingly maintained property. Appliances and furnishings can be included. Listing Agent is co-owner. Buyers to cooperate with Seller's doing a 1031 Exchange. Will do Sunday open houses 1-4PM. Unit 12044 (downstairs rear) is currently vacant and can be shown, call LA for code.
PROPERTY INFORMATION
MLS # 23255541 Lot Size 5,978 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,850,000
Price Per SqFt: $ 755
DOM 762 Days
Address 12042 Sylvester Street Type Residential Income
City Los Angeles Sq.Ft. 2,449 Sq. Ft.
Postal Code 90066 Garage N/A
County Los Angeles Year Built 1954
Bed / Bath 5 / 0 Parking 3
Built In 1954 Status Closed
Sold Date 2023-08-18
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Washer Included, Stackable, Outside
Has Appliances Yes
Kitchen Appliances Dishwasher, Microwave, Refrigerator, Water Purifier, Gas Range
Kitchen Information Granite Counters, Kitchen Island, Remodeled Kitchen
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
Flooring Information Laminate
InteriorFeatures Information Ceiling Fan(s), Furnished, Recessed Lighting
WindowFeatures Double Pane Windows, Skylight(s)
SecuritySafety Smoke Detector(s), Carbon Monoxide Detector(s)
EXTERIOR FEATURES
FoundationDetails Slab
Roof Composition
Has Patio Yes
Patio Concrete, Deck, Patio Open
Has Sprinklers Yes
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,973
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/02/2023 Relisted $1,999,000
04/02/2023 Active Under Contract $1,999,000
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Topfind Realty

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Listing provided courtesy of Mary Steele, Mary Steele. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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