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$995,000

Est. payment - /mo

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3 BD

1 BA

988 SqFt

Active

2524 S Sycamore AVE Los Angeles, CA 90016

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Alyssa Stalker

alyssastalker@epique.me +1(805) 796-3496

UPDATED:

09/30/2024 06:22 PM

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

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry See Remarks

Exterior

Garage Private

Pool None

View Y/N Yes

View City Lights

Parking Type Private

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

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Alyssa Stalker

Agent | License ID: 02029894

+1(805) 796-3496 | alyssastalker@epique.me

Alyssa Stalker

2524 S Sycamore AVE Los Angeles, CA 90016

Alyssa Stalker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2524 S Sycamore AVE