3D tour
$10,000 Closing Credit¹
JACQUELINE ALCARAZ, Listing Office: eXp Realty of California Inc
#24434447·
Listing Office: KW Advisors·
Listing Agent: Davis Saadian·
Listing Office Phone: 310-482-2200
$10,000
closing credit¹
2524 S Sycamore Ave Los Angeles, CA 90016
$995,000 List price
$10,000
Closing credit¹
3 beds
1 bath
988 sqft
0.1 acres
$1,007 / sqft
House
Property details
About 2524 S Sycamore Ave
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 building 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. If you are unfamiliar with the West Adams neighborhood, 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. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it. The property is currently occupied with a month-to-month tenant paying $2,887/month.
Highlights
Home typeOther
StatusActive
Size988 sqft
Lot size0.1224 Acres
Year built1923
ParkingPrivate
MLS #24434447
Summary
- MLS Number: 24434447
- MLS Name: CRMLS
- Office Name: KW Advisors
- Office Phone: (310) 482-2200
- Listing Agent: Davis Saadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
2524 S Sycamore Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2005 | Home Sold | $350,000 |
| Feb 26, 1999 | Home Sold | $93,000 |
| Sep 12, 1991 | Home Sold | $130,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $468,910 | $5,839 |
| 2023 | $459,717 | $5,731 |
| 2022 | $450,704 | $5,470 |
| 2021 | $441,868 | $5,399 |
| 2020 | $437,338 | $5,240 |
| 2019 | $428,763 | $5,206 |
| 2018 | $420,357 | $5,096 |
| 2017 | $412,116 | $5,096 |
History based on county public records data.
Nearby schools
3
Cienega Elementary School
Public District KG-5
0.1 mi
•2611 S Orange Dr
4
Stella Elementary Charter Academy
Public Charter KG-3
0.1 mi
•2636 S Mansfield Ave
7
Marvin Avenue Elementary
Public District KG-5
0.6 mi
•2411 S Marvin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,600. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
39%
<35k
48%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
27%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
13%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2524 S Sycamore Ave
This home is located at 2524 S Sycamore Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 988 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 2, 2024 and is currently priced at $995,000.
While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.