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2524 S Sycamore Avenue

Los Angeles (City), CA 90016
  • $995,000
  • STATUS: Active
  • ON SITE: 163 Days
  • ID#: 24434445
$995,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 988
    SQFT
  • $1,007
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Davis Saadian of KW Advisors (310-482-2200)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-13T00:27:45.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Faris Group | Keller Williams Realty. Licensed in the State of California, USA.
www.stepsfromhome.com/homes/154550784
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2524 S Sycamore Avenue Los Angeles (City), CA 90016

  • Price: $995,000
  • Status: Active
  • On Site: 163 Days
  • ID#: 24434445
3
Beds
1
Baths
0
½ Baths
0.12
Acres
988
SQFT
$1,007
$/SQFT
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
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.
Exterior Features

Architectural Style See Remarks Parking Features Private Parking Total 3 Pool Features None Pool Private YN No Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances RefrigeratorDryerWasher Common Walls No Common Walls Fireplace Features None Fireplace YN No Furnished Unfurnished

Property Features

Association YN No Laundry Features See Remarks Levels One Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-13T00:27:45.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Faris Group | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Faris Group | Keller Williams Realty
7898 Mission Grove Pkwy S Ste 102
Riverside CA, 92508
Listing Agent(s): Davis Saadian of KW Advisors (310-482-2200)