2524 S Sycamore Avenue
Los Angeles, CA 90016
- Bedrooms
- 3
- Bathrooms
- 1
- Interior
- 988 sq ft
- Year Built
- 1923
About this residence
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.
Property details
- Status
- For Sale
- Property type
- Single-Family Home
- Price per sq ft
- $936/sq ft
- Days on market
- 8 days
- Year built
- 1923
- View
- None
- Parking
- 2 spaces
- Furnished
- No
- Waterfront
- No
- MLS number
- 26849689
Location & neighborhood
2524 S Sycamore Avenue, Los Angeles, CA 90016
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Mortgage calculator
- Principal & interest$4,677
- Property taxes$1,403
- Insurance$385
- HOA / fees$0
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of Keller Williams Hollywood Hills · MLS 26849689. Information deemed reliable but not guaranteed; buyers should independently verify all details.
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