2524 S Sycamore Avenue, Los Angeles, CA 90016 - Berkshire Hathaway HomeServices California Properties
2524 S Sycamore Avenue Los Angeles, CA 90016
$900,000 3 beds, 1 baths
988 sqft

Agent Remarks

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 Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25509215
List price is $900,000
Beds: 3
Baths: 1 (1 full)
None fireplaces
Built in 1923
988 sqft
1 story
0.12 acres
Lot size: 0.1224
County: Los Angeles
Property style: SeeRemarks
Zoning: LAR3
Appliances: Dishwasher,Disposal,Refrigerator
Heating description: Central
MLS area: C16 - Mid Los Angeles
Furnished: Unfurnished

Last Updated: 4/23/2025

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is SeeRemarks.
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Lat/Long: 34.033167, -118.353507.
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Listing Agent: Davis Saadian
Lic#: 01801928
Office Name: Sherman Oaks

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