$925,000

2524 S Sycamore Avenue, Los Angeles, CA 90016

  • 3 beds |
  • 1 bath |
  • 988 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon5,332sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $936/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 19, 2026
Data Last Updated:
June 25, 2026 at 12:06PM
Listing Office:
Keller Williams Hollywood Hills : 310-623-1300
Listing Agent:
Davis Saadian : 310-402-8958
MLS ID:
CL26849689
  • General: Den
  • Appliances: Refrigerator
  • Laundry: DryerWasher
  • Flooring: Tile
  • Fireplace: None
  • Pool: None
  • Parking: OtherParking spaces: 2
  • General: 1
  • County: Los Angeles
  • Zoning: LAR35049009077
  • View: None

This listing courtesy of Davis Saadian , Keller Williams Hollywood Hills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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