2524 S Sycamore AVE, Los Angeles, CA 90016
2524 S Sycamore AVE, Los Angeles, CA 90016
2524 S Sycamore AVE, Los Angeles, CA 90016
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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Julie Mulcahy

Julie Mulcahy

+1(702) 278-3559
$ 925,000
Est. payment | /mo

3 Beds

1 Bath

988 SqFt

Save
$ 925,000
Est. payment | /mo
Save

3 Beds

1 Bath

988 SqFt

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Davis Saadian Keller Williams Hollywood Hills #01921748

Nearby School & Business

Julie Mulcahy

+1(702) 278-3559

allyourdreamhomes@gmail.com

39899 Balentine Dr. Suite 200, Newark, CA, 94560, United States

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