Backup offers
$10,000 Closing Credit¹
Laura Anderson, Listing Office: Keller Williams Larchmont
#24462241·
Listing Office: KW Advisors·
Listing Agent: Davis Saadian·
Listing Office Phone: 310-482-2200
$10,000
closing credit¹
2530 S Sycamore Ave Los Angeles, CA 90016
$1,175,000 List price
$10,000
Closing credit¹
7 beds
5 baths
3,430 sqft
0.1 acres
$343 / sqft
House
Property details
About 2530 S Sycamore Ave
We are pleased to offer the opportunity to acquire this five (5) unit multifamily investment opportunity located at 2530 S. Sycamore Avenue, in the City of Los Angeles. This two-story building, single structure, was constructed of wood frame and stucco on a raised foundation built in 1956 with a square footage of 3,430 on a 5,003-square foot lot. The site falls within an Opportunity Zone, excellent for tax benefits, and zoned LAR3, TOC Tier 1. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 1+1 units, and two (2) 2+1 units. The subject property has one (1) vacant 1+1 unit (Currently being updated and remodeled). The investment boasts spacious floor plans, secured gated entry, five (5) on-site parking spaces, updated copper plumbing, and individually metered for gas and electricity. * The neighboring parcel (2524 S. Sycamore Avenue) is also available for sale, which consists of a SFR, with a lot size for 5,331-SF, zoned LAR3. A rare and incredible development opportunity. Seismic retrofitting has been completely taken care of, built with permits.
Highlights
Home typeOther
StatusActive
Size3,430 sqft
Lot size0.1149 Acres
MLS #24462241
Summary
- MLS Number: 24462241
- 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, 10:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,175,000
2530 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 |
|---|---|---|
| Mar 26, 2003 | Home Sold | $305,000 |
| Nov 20, 1992 | Home Sold | $97,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $433,059 | $6,049 |
| 2023 | $424,569 | $5,949 |
| 2022 | $416,245 | $5,706 |
| 2021 | $408,084 | $5,621 |
| 2020 | $403,900 | $5,472 |
| 2019 | $395,981 | $5,406 |
| 2018 | $388,217 | $5,258 |
| 2017 | $380,606 | $5,258 |
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 most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is married, with kids. 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 2530 S Sycamore Ave
This home is located at 2530 S Sycamore Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 3,430 square foot home sits on a 0.11 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,175,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. The number of listings in Los Angeles, CA decreased by 5.3% between November and December 2024. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.
From Rocket Homes Real Estate and based on county public records data.