$ 900,000
-
$900,000
Price -
3
Bed -
1
Bath -
988
SqFt
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About the Listing CLW-X7252101 - CLW-C114727
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 Highlights for 2524 S Sycamore Ave
Status
Active
Days on Site
181
Property Type
Residential
MLS ®
25509215
Year Built
1923
Total Square Footage
988
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Dishwasher, Disposal, Refrigerator
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5049009077
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2524 S Sycamore Ave Los Angeles, CA 90016
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