2524 South Sycamore Avenue
$995,000
3
1
988
988
$1,007
Description
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...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.
- Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01854200 • KW Advisors
Property Details for 2524 South Sycamore Avenue
Zoning
LAR3
StyleOther
Parcel Number5049009077
Living Area988
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Lot Size Area5331
Source Lot Size AreaVendor Enhanced
LISTING UPDATED: 09/10/2024 12:01 AM
Property Details for 2524 South Sycamore Avenue
Status | Active |
---|---|
MLS # | 24-434445 |
Days on Market | 79 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1923 |
Lot Size | 0.12 AC / 5,331 SF |
County | Los Angeles County |
Building Information for 2524 South Sycamore Avenue
Stories2Year Built1923Building Size-Lot Size0.12 AC / 5,331 SF
Property Information for 2524 South Sycamore Avenue
Property History for 2524 South Sycamore Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2524 South Sycamore Avenue
Taxable ValueLand$375,132Additions$93,778Total$468,910
Tax Record2024$5,840 ($487 / month)
Home Facts
Beds2Total Finished SqFt988 SqFtAbove Grade Finished SqFt988 SqFtLot Size5,331 SqFtStyleSingle Family ResidenceYear Built1923ZoningLAR3CountyLOS ANGELESAPN5049-009-077
Schools near 2524 South Sycamore Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 4 |
Rating | School | Distance |
---|---|---|
Cienega Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
Stella Elementary Charter Academy CharterK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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