$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 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 o n 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 Appl 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.
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
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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.