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Property 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 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.

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Additional Information
Carolwood Estates
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CLW-C114727
CLW-X83363
Davis
5049009077
: Standard
One
32

Multi-Family For Sale

2524 Sycamore Avenue, Los Angeles, California 90016

988 Sqft
$1,000,000
Listing ID #24390403
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24390403
Price : $1,000,000
Living Area : 988 Sqft
Lot Size : 5,331 Sqft
Year Built : 1923
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90016
Price Per Square Foot : $1,012
ModificationTimestamp : 2024-05-18 05:14:25
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