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.
Property Details
Price:
$925,000
MLS #:
26849689
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c16midlosangeles
Listed Date:
Jun 19, 2026
Finished Sq Ft:
988
Total Sq Ft:
988
Lot Size:
5,331 sqft / 0.12 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Appliances
RF
Bathrooms
1 Full Bathroom
Flooring
TILE
Laundry Features
DINC, WINC
Levels
A
Exterior
Common Walls
NCW
Parking Spots
2
Parking Total
2
Spa Features
NO
View
NO
Financial
Map
Community
- Address2524 S Sycamore AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 24, 2026
7,337
Single Family Listed
86
Avg DOM
441
Avg $ / SqFt
$1,696,588
Avg List Price
Property Summary
- 2524 S Sycamore AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $925,000 and features 3 beds, 1 baths, and has approximately 988 square feet of living space, and was originally constructed in 1923. The current price per square foot is $936. The average price per square foot for Single Family listings in Los Angeles is $441. The average listing price for Single Family in Los Angeles is $1,696,588.
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