2530 S Sycamore Avenue
Los Angeles, CA 90016
- – beds
- – baths
- – sqft
- 5,004 sqft lot
- 1956 build
- – on site
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.
Last checked:
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Last updated Mar 10, 2025
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MLS# 25509165 —
The Building
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Year Built:1956
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Year Built Source:Estimated
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New Construction:No
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Building Area Total:3430.00
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Total Number Of Units:5
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:2530 S. Sycamore Avenue | Los Angeles, CA 90016
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Latitude:34.03311000
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Longitude:-118.35363900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:5004.0000
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Lot Size Acres:0.1149
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Lot Size SqFt:5004.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5049009078
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/10/25
Mar 10, 2025
|
Listed / Active | CRMLS_CA | $1,100,000 | |
|
11/11/24
Nov 11, 2024
|
Listed / Active | CRMLS_CA | ||
|
9/2/24
Sep 2, 2024
|
Listed / Active | CRMLS_CA |
