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2938 S Sycamore Ave
Los Angeles, CA 90016 West Adams

$4,495,000 USD

Apartments For Sale • 9,489 SF

Property Details

Property Type Apartments
Total Building Size 9,489 SF
Lot Size 0.17 AC
Building Class B
Year Built 2026
Cap Rate 6.04 %
Zoning LARD1.5

70 Transit Score

60 Walk Score

                
                    Highlights
                
                                Non-rent-controlled property.
                            
                                Five out of six units are already leased at market rents.
                            
                                Produces immediate day-one cash flow.
                            
                                Generates $341,640 in pro forma annual gross income.
                            
                                Located minutes from Culver City's tech and media corridor.
                            
                                All units are separately metered for electric and water.

Property Flyers

2938 S Sycamore Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $271,398 USD (2025)

Cap Rate:	6.04 %
Total Expenses:	$59,993 USD

Amenities

Laundry Facilities
Tenant Controlled HVAC
Washer/Dryer
Refrigerator
Roof Terrace
Island Kitchen
Private Bathroom

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak)	14 min	-	8.4 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	14 min	-	8.7 mi
Transit/Subway	Drive	Walk	Distance
Expo/La Brea (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	0 min	4 min	0.2 mi
Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	14 min	0.8 mi
La Cienega/Jefferson (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	15 min	-	8.0 mi
Bob Hope	28 min	-	14.0 mi
Long Beach (Daugherty Field)	33 min	-	24.5 mi

Lauren Cearley 213-302-8662 Myunits.com Inc

2938 S Sycamore Ave Los Angeles, CA 90016 West Adams