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2938 S Sycamore

Los Angeles, CA 90016
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Bed 22

Bed

Bath 23

Bath

SqFt7,202

Sqft(Lot)

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 parki ng 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 Santa Monica, DTLA, USC, and the greater Westside. The property is surrounded by major redevelopment, new construction, and neighborhood favorites including Alta Adams, Mizlala, Johnny’s Pastrami, and Highly Likely. With Sony, Amazon Studios, Apple, HBO, and Culver City’s thriving tech and media corridor nearby, the area continues to attract young professionals and creative tenants seeking modern housing in a central location, supporting strong rental demand and long-term growth.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,495,000

AD Id : 89632740

MLS Id : BB26179793

Beds : 22

Lot Size : 7,202 Sqft

Year Built : 2026

Garage : 2

County : Los Angeles

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Feature Features

  • Interior Features

    Appliances: ElectricOven, Dryer, Washer
    Laundry Features: WasherHookup, ElectricDryerHookup, Inside
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 9489
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7202 Lot Size Acres: 0.1653 Lot Size Source: Assessor Lot Size Square Feet: 7,202 Lot Description: Landscaped

  • Listing Price Information

    Listing Price: $4495000
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  • Tax Information

    Parcel Number: 5049021041 Tax Lot: 154

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: From La Brea Ave, head east on W 30th St, then turn left onto S Sycamore Ave. The property will be on your right. Located between Adams Blvd and Jefferson Blvd. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2532 Hauser, Los Angeles, CA, 90016 $1,999,999 12 6 --
5701 Corbett, Los Angeles, CA, 90016 $1,850,000 6 4 --
5713 Corbett, Los Angeles, CA, 90016 $1,600,000 3 2 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 19:26

MLS: BB26179793 LISTED BY: Lauren Cearley, Myunits.com Inc. 844-698-6487 SOURCE: CRMLS

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