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Listed by Lauren Cearley, DRE #02146823 • Myunits.com Inc.
$ 4,495,000
Est. payment /mo
New
2938 S Sycamore Los Angeles, CA 90016
7,202 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26179793
Year Built 2026
Lot Size 7,202 Sqft
Source California Regional MLS
Property Description
2938 S Sycamore Ave is a striking 2026 new construction, non-rent-controlled 6-unit in prime West Adams. Delivering a strong 6.06% cap rate, Sycamore offers the rare combination of luxury construction, immediate cash flow, and long-term upside. Four of the six residences are already leased at impressive market rents, providing buyers with income from day one. Spanning 9,489 square feet across two modern buildings, the property features an excellent unit mix of two spacious 3-bedroom residences and four, equally as impressive, 4-bedroom residences with private rooftop decks. Each thoughtfully designed unit offers generous floor plans, high-end finishes, balconies, central HVAC, in-unit washers and dryers, and sleek contemporary kitchens and bathrooms. Ten on-site parking spaces further enhance tenant appeal. All utilities are separately metered, helping keep operating expenses exceptionally low and making Sycamore a true turnkey, low-maintenance investment. Offered at $4,495,000, the property trades at approximately $474 per square foot and $749,000 per unit, an attractive basis for brand-new construction in one of Los Angeles' most in-demand rental markets. Ideally positioned near Culver City, West Adams, and the Expo Line, residents enjoy convenient access to
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Other, Washer, Dryer, 9
Exterior
Garage Spaces 2.0
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 5049021041
Special Listing Condition Not Applicable
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