Homes for sale - 2524 S Sycamore AVE, Los Angeles, CA 90016

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Candice Blair

Coldwell Banker Realty

candice@candiceblairgroup.com +1(949) 466-0620

$ 995,000

Est. payment -/mo

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Active

2524 S Sycamore AVE Los Angeles, CA 90016

3 Beds

1 Bath

988 SqFt

UPDATED:

12/05/2024 05:10 AM

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 $1,007

MLS Listing ID 24434445

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1923

Lot Size 5,331 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry See Remarks

Exterior

Parking Features Private

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 3

Private Pool No

Building

Story 2

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 Advisors

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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