2938 S Sycamore, Los Angeles, CA 90016
Local realty services provided by:ERA Donahoe Realty
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:BB26179793
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,495,000
About this home
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, Johnnys Pastrami, and Highly Likely. With Sony, Amazon Studios, Apple, HBO, and Culver Citys thriving tech and media corridor nearby, the area...
Contact an agent
Home facts
- Listing ID #:BB26179793
- Added:2 day(s) ago
- Updated:August 20, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:16
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$4,495,000
New listings near 2938 S Sycamore
- Coming Soon
$4,795,000Coming Soon5 beds 6 baths4,340 sq. ft.10669 Wellworth Avenue, Los Angeles, CA 90024
MLS# 26871095Listed by: REVEL REAL ESTATE - Coming Soon
$899,000Coming Soon4 beds 4 baths2,108 sq. ft.18811 Topham, Tarzana, CA 91335
MLS# SR26180801Listed by: COMPASS - Coming Soon
$1,200,000Coming Soon3 beds 3 baths2,167 sq. ft.15523 Valerio Street, Van Nuys, CA 91406
MLS# SR26182032Listed by: PARK REGENCY REALTY - Coming Soon
$849,900Coming Soon4 beds 2 baths1,650 sq. ft.20256 Londelius Street, Winnetka, CA 91306
MLS# 226003954Listed by: KELLER WILLIAMS EXCLUSIVE PROPERTIES - Coming Soon
$419,900Coming Soon2 beds 2 baths864 sq. ft.13144 Bromont, Sylmar, CA 91342
MLS# SR26182111Listed by: VICTORY REALTY GROUP - Coming SoonOpen Sat, 1 to 4pm
$1,299,999Coming Soon3 beds 2 baths1,276 sq. ft.2218 Silver Ridge, Los Angeles, CA 90039
MLS# GD26178388Listed by: KELLER WILLIAMS R. E. SERVICES - Coming Soon
$829,000Coming Soon-- beds -- baths2,006 sq. ft.614 Gulf, Wilmington, CA 90744
MLS# PV26180540Listed by: KELLER WILLIAMS PALOS VERDES - Coming SoonOpen Sat, 12 to 5pm
$1,798,000Coming Soon4 beds 3 baths1,988 sq. ft.7839 W 80th Street, Playa Del Rey, CA 90293
MLS# TR26180755Listed by: WETRUST REALTY - Coming Soon
$1,195,000Coming Soon5 beds 3 baths3,226 sq. ft.2651 Van Buren Place, Los Angeles, CA 90007
MLS# 26872721Listed by: VISTA SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$599,777Coming Soon2 beds 1 baths1,014 sq. ft.3014 Lanfranco, Los Angeles, CA 90063
MLS# NP26181309Listed by: COLDWELL BANKER REALTY