$1,000,000 Price Analysis   ♡   Los Angeles, CA 90016 2 bed 1 bath 988 SqFt ($1012/SqFt) 5,331SqFt lot. Built 1923 Listed 2024-05-10, Taxes $5,470 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to offer the opportunity to acquire this LAR3 development opportunity located at 2524 S.
Sycamore Avenue, in the C ity 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 sits in planning or development. West Adams is a trendy up-and-coming neighborhood with ease of access to transportation.
Presented by Davis Saadian at
Carolwood Estates.
Property MLS #24-390403 from TheMLSCLAW
Full Bathrooms: 1
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5331
Calculated Total Monthly Association Fees: 0
Number of Units: 1
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3500
County: Los Angeles
Directions: 2524-2530 S. Sycamore Avenue | Los Angeles 90016
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5049-009-077
Postal Code Plus 4: 2724
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $90,138 + $360,566 $450,704 | $5,470 |
| 2021 | $88,371 + $353,497 $441,868 | $5,399 |
| 2020 | $87,465 + $349,873 $437,338 | $5,454 |
| 2019 | $85,750 + $343,013 $428,763 | $5,240 |
| 2018 | $84,069 + $336,288 $420,357 | $5,206 |
| 2017 | $82,421 + $329,695 $412,116 | $5,096 |
| 2016 | $80,805 + $323,231 $404,036 | $4,979 |
| 2015 | $64,000 + $257,000 $321,000 | $3,990 |
| 2014 | $64,000 + $257,000 $321,000 | $4,139 |
| 2013 | $56,100 + $227,300 $283,400 | $3,641 |
| 2012 | $47,500 + $192,500 $240,000 | $3,209 |
| 2010 | $36,000 + $146,000 $182,000 | $2,494 |
| 2009 | $74,284 + $297,138 $371,422 | $4,707 |
| 2009 | $36,000 + $146,000 $182,000 | $4,707 |
| 2008 | $72,828 + $291,312 $364,140 | $4,507 |
| 2007 | $71,400 + $285,600 $357,000 | $4,362 |
$1,000,000
TheMLSCLAW
Listing removed 2016-02-09
$2,300
AppfolioUnits
Listed for rent 2016-02-05
$2,300
AppfolioUnits
Listing removed 2016-02-03
$2,350
AppfolioUnits
Price Changed for rent 2016-01-28
$2,350
AppfolioUnits
Listed for rent 2016-01-14
$2,300
AppfolioUnits
Sold 2005-08-23
$350,000
Public Record
Sold 1999-02-26
$93,000
Public Record
Sold 1991-09-12
$130,000
Public Record
Year Built: 1923
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 101
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.