9
See all 9 photos
$900,000
Est. payment /mo
3 Beds
1 Bath
988 SqFt
Active
2524 S Sycamore AVE Los Angeles, CA 90016
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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 25509215
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 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
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Heating Central
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Exterior
Pool None
View Y/N Yes
Total Parking Spaces 3
Private Pool No
Building
Story 1
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5049009077
Special Listing Condition Standard
Listed by Davis Saadian • KW SELA
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