2524 South Sycamore Avenue Los Angeles, CA ^$ 1,000,000

2524 South Sycamore Avenue

^$ 1,000,000

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2524 South Sycamore Avenue

Los Angeles, CA, 90016

^$ 1,000,000

Studio Baths0.0 Sq 988

Monthly Estimate*

^$ 6,646

2524 South Sycamore Avenue, Los Angeles, CA 90016 - Image 1

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2524 South Sycamore Avenue, Los Angeles, CA 90016 - Image 7

2524 South Sycamore Avenue, Los Angeles, CA 90016 - Image 8

2524 South Sycamore Avenue, Los Angeles, CA 90016 - Image 9

2524 South Sycamore Avenue, Los Angeles, CA 90016 - Image 10

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,000,000. This 988 square foot home was built in 1923 on a lot size of 0.12.

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 SFR 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. 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. West Adams is a trendy up-and-coming neighborhood with ease of access to transportation.

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.12

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024390403

Features

General

Zoning LAR3

Year Built 1923

Levels One

County Los Angeles

Net Operating Income 0.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 5331.0

Street Name Sycamore

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Gated

Lot Size Area 5331.0

Building Area Total 988.0

Lot Size Acres 0.12

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 1

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Davis Saadian

Listing Agent

Carolwood Estates

Broker

Affordability Calculator

$6,646

Per Month

Monthly Principal & Interest: $6,646
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,977,410

Percent of Sale Price 98%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$1,000,000		Listed Price

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2524 South Sycamore Avenue, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,000,000 with 988 sqft and a lot size of 0.12. 2524 South Sycamore Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/18/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2524 South Sycamore Avenue

Multi-Family Home for sale in Los Angeles, CA

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