Davis Saadian
This listing was posted on RealtyWW.
$1,200,000
Home For Sale In Los Angeles, California
Price:
$1,200,000
BR/BA:
7 BR, 5 BA
Location:
2530 S Sycamore Ave, Los Angeles, CA
Description:
We 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 is 100% occupied 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. 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. - Please email for the Executive SummaryFor more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71775252
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Seven Bedroom 5.5 Bath Single-Family Homes for Sale at 2530 S Sycamore Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 2530 S Sycamore Ave by searching Oodle Classifieds for Seven Bedroom 5.5 Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a Seven Bedroom 5.5 Bath Single-Family Homes for Sale at 2530 S Sycamore Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 2530 S Sycamore Ave by searching Oodle Classifieds for Seven Bedroom 5.5 Bath Single-Family Homes for Sale in Los Angeles CA.