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2938 S Sycamore Ave
Los Angeles, CA 90016
Immeuble residentiel Propriété À vendre
·
6 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Non-rent-controlled property.
- Produces immediate day-one cash flow.
- Located minutes from Culver City's tech and media corridor.
- Five out of six units are already leased at market rents.
- Generates $341,640 in pro forma annual gross income.
- All units are separately metered for electric and water.
Résumé de l'annonce
The 5+ Unit Specialists are pleased to present 2938 S Sycamore Ave, 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 three spacious 3-bedroom residences and three 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.
Spanning 9,489 square feet across two modern buildings, the property features an excellent unit mix of three spacious 3-bedroom residences and three 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.
Faits sur la propriété
| Prix par unité | 1 034 127 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement | Taille du lot | 0,17 AC |
| Taux de capitalisation | 6,04% | Taille du bâtiment | 9 489 pi² |
| Multiplicateur du loyer brut | 13.16 | Occupation moyenne | 83% |
| Nombre d’unités | 6 | Nombre d’étages | 3 |
| Type de propriété | Immeuble residentiel | Année de construction | 2026 |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Style d’appartement | De faible hauteur | ||
| Zonage | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Prix par unité | 1 034 127 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,04% |
| Multiplicateur du loyer brut | 13.16 |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,17 AC |
| Taille du bâtiment | 9 489 pi² |
| Occupation moyenne | 83% |
| Nombre d’étages | 3 |
| Année de construction | 2026 |
| Zone de développement économique |
Oui |
| Zonage | LARD1.5 - Restricted Density Multiple Dwelling |
Commodités
Commodités des unités
- Laveuse/Sécheuse
- Réfrigérateur
- Îlot de cuisine
Commodités du site
- Installations de lessive
- CVCA contrôlé par le locataire
- Terrasse sur le toit
- Salle de bain privée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 4+4 | 3 | 6 826 $ CAD | 1 572 - 1 726 |
| 3+3 | 2 | 5 929 $ CAD | 1 248 - 1 444 |
| 4+4.5 | 1 | 7 033 $ CAD | 1 927 |
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