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2531 S Sycamore Ave, Los Angeles, CA, 90016

2beds
1baths
756sqft
$830,000
$1,098price/sqft
$5,545/moest. monthly cost
$221,800/yrincome needed

About This Home

Probate sale, Charming 2 bedroom, 1 bath home in the desirable Mid City area of Los Angeles. Situated on a 5,704 square foot lot with commercial C2 zoning, this property offers comfortable living today with excellent future redevelopment potential. Conveniently located near shopping, restaurants, public transportation, Culver City, and Downtown Los Angeles. Buyer to verify all zoning, permitted uses, and development opportunities. Seller-owned solar system is subject to an existing financing agreement that includes solar and other home improvements. Seller intends to satisfy the obligation through escrow unless otherwise agreed. Contact listing agent for details.

Getting Around

80
WalkingVery Walkable
55
TransitGood Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1921

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Free Standing Gas,Dishwasher,Refrigerator
  • Laundry features: None

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Dining Area
  • Flooring: Carpet
  • Fireplace features: None

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Other,Air Conditioning

Interior Area

  • Total structure area: 756
  • Total interior livable area: 756 sqft

Property

Details

  • Parcel number: 5049016084
  • Special condition: Probate Listing

Features

  • Levels: One
  • Pool features: None
  • Has spa: Yes
  • Spa features: Bath,Tub With Jets
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,046 sqft

Parking

  • Parking features: Driveway,On Street,Garage Is Detached,Concrete
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,196$50,352
Home Insurance *$111$1,332
Property Taxes $840$10,080
Electricity $398$4,786
Total$5,545$66,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$190,114/yr
40% on housing$166,350/yr
45% on housing$147,866/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,098This listing

vs Other Active Listings

Avg $/sqft

ZIP 90016$501
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90016$762
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-15Listed for sale$830,000

For Sale by Agent

AgentCharles Grimes
BrokerageTeam Equity L.A. Property

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