2524 S Sycamore Avenue
Property Overview
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.
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1923
- Living area
- 988 sq ft
- Lot size
- 5,331 sq ft
- Parking
- 2 spaces
- Stories
- 1
- Days on market
- 8
- Full bathrooms
- 1
- MLS status
- Active
- Zoning
- LAR3
Features & Amenities
Appliances
- Refrigerator
- Dryer
- Washer
Parking
- Gated
Pool
- None
Location & Neighborhood
Frequently Asked Questions About 2524 S Sycamore Avenue
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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