2524 S Sycamore Ave, Los Angeles, Los Angeles, CA, CA, US, 90016
2524 S Sycamore Ave, Los Angeles, Los Angeles, CA, CA, US, 90016Basics
- Date added: Added 5 days ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 3
- Bathrooms: 1
- Year built: 1923
- MLS ID: 25509215
- Bath Full: 1
- Listing Agent License Number: 01921748
- Lot Size Area: 5331
- Bath Half: 0
- Days On Market: 196
- Living Area: 988
- Listing Broker: 01364089
Description
-
Description:
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.
Show all description
Rooms
- Rooms: Other
Building Details
- Listing Area: Mid Los Angeles
- Building Type: Detached
- Parking Garage: Other
- Flooring: Other
Amenities & Features
- Heating: Central
- Pool: No
- Cooling: Other
- Furnished: Unfurnished
- Levels: One Level