The Story

2524 South Sycamore Avenue

Los Angeles, CA 90016 · 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. …


Facts & Features

Property Info

Price
$925,000
Completion Year
1,923
Living Space
988 sq ft
Floors
1
Bedrooms
3
Bathrooms
1

Features & Amenities

Appliances

Refrigerator, Dryer, Washer

Flooring

Tile

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Listing Broker

Keller Williams Hollywood Hills

Broker Name

Keller Williams Hollywood Hills

Agent

Davis Saadian

Location

West Hollywood CA 90069