Active
2524 S Sycamore Ave
Los Angeles CA, 90016
$995,000
$1,007.09 per sqft
Active
3 Beds
1 Bath
988 sqft
Residential
Built in 1923
We are pleased to offer the opportunity to acquire this LAR3 development opportunity located at 2524 S. Sycamore Avenue, in the City of Los Angeles. The neighboring parcel (2530 S. Sycamore Ave) is also available for sale, with a combined lot size of 10,335 SF. This single-story building was constructed of wood frame and stucco on a raised foundation built in 1923 with a square footage of 988 on a 5,331-square foot lot. The site falls within an Opportunity Zone, excellent for tax benefits. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it. The property is currently occupied with a month-to-month tenant paying $2,887/month.
24-434445
MLSⓇ ID
September 2, 2024
Listed
October 2, 2024
Updated
Map
2524 S Sycamore Ave
Los Angeles CA, 90016
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Appliances
Washer, Range/Oven, Refrigerator, Dryer, Freezer, Ice Maker, Other
Laundry Description
Other
Floor Description
Other
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.12 Acres
Architectual Style
Other
Other Property Details
Area Name
Mid Los Angeles
Days on Market
8
Garage
No
Parking
Private, Other
Parking Total
3
View
Yes
View Description
City
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Davis Saadian with KW Advisors
Listing Contact: 310-402-8958
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Julie Milne | CA DRE# 2004282 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024