510 North Sycamore Avenue, Los Angeles, CA 90036
510 North Sycamore Avenue, Los Angeles, CA 90036
Property Description
BUILDER INCENTIVES AVAILABLE. Introducing THE ELLWOOD, an exclusive new collection of five thoughtfully designed small-lot single-family homes where modern architecture meets elevated Los Angeles living. Each residence is separated by an air gap for enhanced privacy and individuality, offering the feel of a standalone home within a boutique community. This collection presents a curated selection of thoughtfully designed residences ranging from approximately 1,225 to 1,665 square feet, offering spacious 2 bedroom to 4 bedroom layouts with well-appointed, multi-bath configurations. Each home is crowned by a private rooftop deck showcasing sweeping views of the Griffith Observatory, the Hollywood Sign, and the western skyline. Interiors are appointed with designer finishes and premium Bertazzoni appliance suites, complemented by energy-efficient features such as solar panels, tankless water heaters, and modern split HVAC systems. Four homes include attached two-car garages, while one offers a convenient two-car carport. Ideally situated near Melrose Avenue and Larchmont Village, THE ELLWOOD places you moments from some of the city's best dining, shopping, and neighborhood charm--offering a rare opportunity to enjoy new construction living in one of Los Angeles' most vibrant and sought-after locations. Photos are of the model unit and may not represent the specific unit available for sale. All finishes and fixtures are similar throughout the development.
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Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Not Applicable · Los Angeles · Single Family Residence
Listed 31.7% below the median closed sale of $1,990,000. Price per sqft ($817) is a 22% discount to closed comps ($1,043). Closed comps sold at 104% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2016 10th Avenue | Los Angeles | 1921 | 3 | 2 | 1,268 | 2,336 | $591 | $749,000 | 61 | 69 |
| 1784 Orange Grove Avenue | Los Angeles | 1947 | 2 | 2 | 1,280 | 4,276 | $1,015 | $1.30M | 81 | 60 |
| 7659 Fountain Avenue | Los Angeles | 1920 | 3 | 3 | 1,273 | 4,722 | $1,295 | $1.65M | 0 | 58 |
| 1315 Mccollum Street | Los Angeles | 1923 | 3 | 2 | 1,274 | 4,801 | $1,254 | $1.60M | 3 | 55 |
| 359 Blackshear Avenue | Los Angeles | 1939 | 3 | 2 | 1,279 | 5,097 | $665 | $850,000 | 28 | 54 |
| Total: 5 · Average | 2.8 | 2.2 | 1,274.8 | 4,246.4 | $964 | $1.23M | 34.6 | |||
| Median | 1,274 | $1.30M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 304 Mountain View Avenue | Los Angeles | 2014 | 10/09/2026 | 3 | 2 | 1,302 | 2,128 | $879,000 | $941,500 | $723 | 1.07 | 42 | 68 |
| 8723 Lookout Mountain Avenue | Los Angeles | 2019 | 10/08/2026 | 3 | 3 | 1,425 | 3,000 | $1.63M | $1.57M | $1,105 | 0.96 | 76 | 66 |
| 1632 Maltman Avenue | Los Angeles | 1912 | 10/08/2026 | 3 | 2 | 2,020 | 7,239 | $2.10M | $2.42M | $1,200 | 1.16 | 23 | 65 |
| 3217 Lowry Road | Los Angeles | 1923 | 10/07/2026 | 3 | 3 | 1,635 | 7,875 | $1.99M | $1.99M | $1,217 | 1.00 | 34 | 64 |
| 3833 Coolidge Avenue | Los Angeles | 1947 | 10/09/2026 | 3 | 2 | 2,062 | 5,204 | $2.00M | $2.00M | $972 | 1.00 | 56 | 64 |
| Total: 5 · Average | 3.0 | 2.4 | 1,688.8 | 5,089.2 | $1.79M | $1.79M | $1,043.4 | — | 46.2 | ||||
| Median | 1,635 | $1.99M | $1.99M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.