We are pleased to present an opportunity to acquire this 3-bedroom + 1-bathroom single-family residence. Currently tenant-occupied on a month-to-month lease, the property generates gross rents of $3,176 per month. The site is zoned LAR3. The neighboring parcel at 2530 S. Sycamore Ave is also available for sale, offering a… Read More combined lot size of 10,335 square feet. This single-story building, constructed in 1923, features a wood frame and stucco design on a raised foundation, with 988 square feet of living space on a 5,331-square-foot lot. The property is located within an Opportunity Zone, offering potential tax benefits.The property is situated in the vibrant West Adams neighborhood, which is seeing significant development and leasing activity. Notable nearby developments include the 1,200-unit Cumulus Development, Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. This up-and-coming area continues to attract investment, making it a prime location with easy access to transportation. Read Less
Property listed by KW Advisors, Davis Saadian 310-482-2200
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
988
Lot Size
0.12 Acres
Year Built
1923
MLS Number
25509215
30 Days Snapshot Of 90016
$1,026k
0%
(avg) sold price
11
+22%
homes sold
108
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1923, Building area total: 988, Levels: One, Living area: 988, 1 story, Architectural style: SeeRemarks, Common walls: NoCommonWalls
Fireplaces
None
Heating
Central
Lot
0.1224 acres, 5,331 square feet, Size: 5,331
Parking
3 totals parking
Pool
None
Property
Zoning: LAR3
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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