12042 Sylvester Street
Los Angeles, CA 90066
Sold
12042 Sylvester Street
Los Angeles, CA 90066
Sold
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
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,973
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
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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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.