2524 S Sycamore Avenue, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
2524 S Sycamore Avenue,Los Angeles, CA 90016
$925,000
- 3 Beds
- 1 Baths
- 988 sq. ft.
- Single family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26849689
Source:CRMLS
Price summary
- Price:$925,000
- Price per sq. ft.:$936.23
About this home
We are proud to present 2524 S. Sycamore Ave, a rare development and value-add opportunity in the heart of West Adams. This 3-bedroom, 1-bathroom single-family residence sits on a 5,331 SF lot zoned LAR3, offering a prime canvas for a multifamily development or a buy-and-hold investment. The home is currently tenant-occupied on a month-to-month basis, generating $3,300 per month in gross rent, giving a new owner immediate income and flexibility. Built in 1923, the single-story residence offers 988 SF of living space with classic wood-frame and stucco construction on a raised foundation. Located within a designated Opportunity Zone, the property offers significant potential tax advantages for investors. West Adams is one of Los Angeles' fastest-growing submarkets, surrounded by major employment and lifestyle drivers including the 1,200-unit Cumulus development, the +/-500,000 SF Ivy Station, Apple, Nike, Amazon Studios, and Sony. With strong leasing momentum, ongoing investment, and excellent access to transit and freeways, this is a strategic position in a neighborhood on the rise. Do not miss this chance to acquire land, income, and upside in one of LA's most dynamic corridors....
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Home facts
- Year built:1923
- Listing ID #:26849689
- Added:1 day(s) ago
- Updated:June 19, 2026 at 03:27 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:988 sq. ft.
Structure and exterior
- Year built:1923
- Building area:988 sq. ft.
- Lot area:0.12 Acres
- Levels:1 Story
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$936.23
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:2
- Parking description:Gated
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