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12001 Sylvester St, Los Angeles, CA, 90066

$1,595,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Baths
2,441 SqFt
$653/SqFt
House

Location

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12001 Sylvester St, Los Angeles$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Garage3 spaces
Year Built1954
HeatingWall Furnace
CoolingNone
MLS #24465037
Lot Size0.12 Acres
StatusActive

About 12001 Sylvester St

12001 Sylvester presents a prime real estate opportunity in the heart of Mar Vista, located at the corner of Sylvester Street and Inglewood Blvd. This well-positioned property sits at the entrance of a serene cul-de-sac and comprises a triplex featuring two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit offers immediate potential for occupancy as it may be delivered vacant. Each unit is complemented by private outdoor spaces, including patios for the ground-floor units and a balcony for the second-story unit. The property also includes separate one-car garages, with additional parking available in front of each garage. Value-Add Opportunities: Rental Upside: With one unit potentially vacant, rent can be adjusted to market rate. The remaining two units are currently rented at approximately 50% below market, and the ability to add an ADU unit, presents a strong income growth opportunity. Owner-Occupancy Potential: Ideal for buyers looking to occupy one unit while benefiting from rental income from the others. Development Possibilities: Zoned LARD3, the property offers multiple paths for redevelopment. For those looking to expand further, the two adjacent triplexes (12007 and 12013 Sylvester) are also available for sale for $266/SF, enabling a combined 16,500-square-foot lot development. By right, this assemblage could yield 20 units, or up to 28 units with bonus density (buyer to verify with the City of Los Angeles).Conveniently located near Culver City, this property offers easy access to dining and entertainment on Washington Blvd and the vibrant Mar Vista Farmers Market on Grandview. Don't miss the chance to invest in one of West LA's most desirable neighborhoods.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 1
  • Living Area: 2,441 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: D. Timothy Byrne

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North of Washington Blvd - West of Inglewood Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $653/SqFt

Tax Information:

  • Annual Amount: $1,683
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

12001 Sylvester St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,595,000

+$571.5K More

$653/SqFt

+$12 More

KEY TAKEAWAY

This property is $571.5K more than the Median Sold Price and $12/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24465037

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: D. Timothy Byrne

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,683$104,353
2020$1,643$103,284
2019$1,580$101,260
2018$1,555$99,275
2017$1,555$97,329

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-465263
5
/10

  • Grand View Boulevard Elementary School

  • 3951 Grand View Blvd

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-465264
6
/10

  • Icef Vista Elementary Academy

  • 4471 Inglewood Blvd

  • 0.42 miles

  • Public Charter Grades KG-5

school-card-donut-465265
5
/10

  • Stoner Avenue Elementary School

  • 11735 Braddock Dr

  • 0.65 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,053. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12001 Sylvester St

What is the listing price of this property?

The listing price of 12001 Sylvester St property is $1,595,000.

What type of property is this?

The property 12001 Sylvester St is a house located in Los Angeles, California, 90066.

Is this property for sale now?

Active Listing: 12001 Sylvester St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,683 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12001 Sylvester St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 12001 Sylvester St is 2,441 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12001 Sylvester St is 1954.

Rocket Homes›California›Los Angeles County›Los Angeles›90066›12001 Sylvester St

This home is located at 12001 Sylvester St in Los Angeles, CA and zip code 90066 in the South Mar Vista neighborhood. This 2,441 square foot home, which was built in 1954, sits on a 0.12 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,595,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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