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MLS:24-434445

2524 Sycamore, Los Angeles, CA 90016

Priced at: $995,000
Bedrooms:
3
Bathrooms (Full):
1
Bathrooms (Half):
0
Living Area SqFt:
988 Sq Ft
Lot SqFt:
5,331 Sq Ft
Year Built:
1923
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.

Fees

Features

Equipment/ Appliances:
  • Washer
  • Range/Oven
  • Refrigerator
  • Dryer
  • Freezer
  • Ice Maker
  • Other
Parking:
  • Private
  • Other
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MLS: 24-434445
2524 Sycamore, Los Angeles, CA 90016
Price: $995,000
Listing courtesy of KW Advisors

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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