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.
LISTING AGENT: Davis Saadian LISTING BROKERAGE: KW SELA
Courtesy of KW SELA. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 2524 S Sycamore Avenue
Los Angeles, CA
Property Details
Price:
$900,000
MLS #:
25509215
Status:
Active
Beds:
3
Baths:
1
Address:
2524 S Sycamore Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 10, 2025
State:
CA
Finished Sq Ft:
988
ZIP:
90016
Lot Size:
5,331 sqft / 0.12 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator
Fireplace Features
None
Heating
Central
Exterior
Parking Spots
3.00
Pool Features
None
Spa Features
None
Stories Total
1
Financial
Map
Community
- Address2524 S Sycamore Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
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