REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,495,000

Est. payment - /mo

7,200 Sqft Lot

Save Virtual Tour

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26179793

HOA Y/N No

Year Built 2026

Lot Size 7,200 Sqft

Property Sub-Type Apartment

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 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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5049021041

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://www.myunits.com/buy/2938sycamore

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Lauren Cearley Myunits.com Inc. 213-302-8662, DRE #02146823

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

2938 S Sycamore Los Angeles, CA 90016