2524 S Sycamore Avenue Los Angeles, CA 90016
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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusActive
- MLS ID Number24434445
- Home Size Source N/A
- Year Built1923
- Lot Size0.1224 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Style See Remarks
- Parking Private
- Parking Spaces 3
- Number of Stories 12
- Acreage 0.1224
- Property Sub Type Single Family Residence
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Appliances Refrigerator
- Furnished? Unfurnished
- Fireplace Features None
- Laundry Features Washer IncludedDryer IncludedSee Remarks
- Fireplace No
Exterior Features
- View City Lights
- Spa No
- Pool Features None
- Spa Features None
Community Features
- Senior Community No
- MLS Area C16 - Mid Los Angeles