2938 S Sycamore, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2938 S Sycamore,Los Angeles, CA 90016
$4,495,000
  • - Beds
  • - Baths
  • 9,489 sq. ft.
  • Multi-family
  • Active
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.844-698-6487
MLS#:BB26179793
Source:CRMLS

Price summary

  • Price:$4,495,000
  • Price per sq. ft.:$473.71

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 6.04% cap rate, Sycamore offers the rare combination of luxury construction, immediate cash flow, and long-term upside. Five 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....

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Home facts

  • Year built:2026
  • Listing ID #:BB26179793
  • Added:49 day(s) ago
  • Updated:October 06, 2026 at 11:19 AM

Rooms and interior

  • Kitchen Description:Electric Oven
  • Living area:9,489 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:9,489 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Landscaped

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,495,000
  • Price per sq. ft.:$473.71

Features and amenities

  • Appliances:Dryer, Electric Oven, Washer
  • Laundry features:Dryer, Inside, Washer

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
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