2530 S Sycamore Avenue

Los Angeles, CA 90016

  • 7 Bed(s)
  • 0 Bath(s)
  • 3,430 Sqft
  • 5004
    Sqft(Lot)
$1,100,000

Description

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 (unit #3 - market rent is $2,150/month) and is subject to the city of los angeles rent control regulation. 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. seismic retrofitting has been permitted and completely taken care of by the current owner. the investment is currently priced at a 6.5% cap rate & 11.8x grm. excellent cash-flow investment opportunity. please email for the executive summary/ financial analysis. * 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.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    48916076

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Refrigerator
  • Building Information

    • Year Built: 1956
    • Building Area Total: 3,430
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1149
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 5004
  • Listing Price Information

    • Original List Price: 1,100,000
    • Listing Contract Date: 2025-03-10

    Lease Information

    • Listing Agreement: Seller Reserved
  • Tax Information

    • Parcel Number: 5049009078
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Directions: 2530 S. Sycamore Avenue | Los Angeles, CA 90016
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Property Age: 69
    • Year Built Source: Estimated
    • Total Square Feet Living: 3430
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/06/2025 @ 05:43

  • MLS: 25509165
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,430 sqft, 5,004 sized lot, and 0 parking. are nearby neighborhoods.