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$ 900,000
Est. payment /mo
Active
2524 S Sycamore Avenue Los Angeles, CA 90016
3 Beds
1 Bath
988 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 988 sqft
Price per Sqft $910
MLS Listing ID CL25509215
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1923
Lot Size 5,331 Sqft
Acres 0.1224
Property Sub-Type Single Family Residence
Property Description
We are pleased to present an opportunity to acquire this 3-bedroom + 1-bathroom single-family residence. Currently tenant-occupied on a month-to-month lease, the property generates gross rents of $3,176 per month. The site is zoned LAR3. The neighboring parcel at 2530 S. Sycamore Ave is also available for sale, offering a combined lot size of 10,335 square feet. This single-story building, constructed in 1923, features a wood frame and stucco design on a raised foundation, with 988 square feet of living space on a 5,331-square-foot lot. The property is located within an Opportunity Zone, offering potential tax benefits.The property is situated in the vibrant West Adams neighborhood, which is seeing significant development and leasing activity. Notable nearby developments include the 1,200-unit Cumulus Development, Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. This up-and-coming area continues to attract investment, making it a prime location with easy access to transportation.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Central
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Exterior
Pool None
Total Parking Spaces 3
Private Pool false
Building
Story 1
Architectural Style See Remarks
Level or Stories One Story
New Construction No
Others
Tax ID 5049009077
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Davis Saadian • KW SELA