2524 S Sycamore AVE, Los Angeles, CA 90016
2524 S Sycamore AVE, Los Angeles, CA 90016
2524 S Sycamore AVE, Los Angeles, CA 90016
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Monica Franco

Monica Franco

+1(951) 538-6607
$925,000
Est. payment /mo
3 Beds
1 Bath
988 SqFt
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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 $936

MLS Listing ID 26849689

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1923

Lot Size 5,331 Sqft

Property Sub-Type Single Family Residence

Property Description

We are proud to present 2524 S. Sycamore Ave, a rare development and value-add opportunity in the heart of West Adams. This 3-bedroom, 1-bathroom single-family residence sits on a 5,331 SF lot zoned LAR3, offering a prime canvas for a multifamily development or a buy-and-hold investment. The home is currently tenant-occupied on a month-to-month basis, generating $3,300 per month in gross rent, giving a new owner immediate income and flexibility. Built in 1923, the single-story residence offers 988 SF of living space with classic wood-frame and stucco construction on a raised foundation. Located within a designated Opportunity Zone, the property offers significant potential tax advantages for investors. West Adams is one of Los Angeles' fastest-growing submarkets, surrounded by major employment and lifestyle drivers including the 1,200-unit Cumulus development, the +/-500,000 SF Ivy Station, Apple, Nike, Amazon Studios, and Sony. With strong leasing momentum, ongoing investment, and excellent access to transit and freeways, this is a strategic position in a neighborhood on the rise. Do not miss this chance to acquire land, income, and upside in one of LA's most dynamic corridors.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Flooring Tile

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Gated

Pool None

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5049009077

Special Listing Condition Standard

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Listed by Davis Saadian Keller Williams Hollywood Hills #01921748

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Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

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