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Updated Triplex with ADU Permit
For Sale
$1,095,000

2821 S Sycamore Ave, Los Angeles, CA 90016

Updated triplex featuring two front 1 bed units, a back 2 bed unit, and a ready-to-issue permit for two ADUs.

Days on Market94

Property Features for 2821 S Sycamore Ave

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Building Size 1,674 SF
Year Built 1924
Year Renovated 2016
Tenancy Multi
Listing Agency: Sotheby's International Realty
Listed By: Ari Wintraub · License #01943483
Source: Jademillsestates
Added: Apr 29 Changed: Jul 31 Last Checked: Jul 31 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty

Investment Insights

Based on property information with market context.

This updated triplex includes two front 1 bed, 1 bath units and one back 2 bed, 1 bath unit. The property underwent a comprehensive 2016 renovation, with selective interior refreshes in 2025. Additional upgrades include plumbing (including the main sewer line), electrical improvements, energy-efficient windows, and tankless water heaters.

A ready-to-issue permit is in place for two new 2 bed, 1 bath ADU units. Built in 1924, the property is located in the westerly part of West Adams near the amenities along Adams Blvd, with proximity to Culver City.

The home’s mix of existing units plus the permitted ADU expansion provides a clear path for an owner to maintain current cash flow while adding future units through the permitted ADU plan.

Key Highlights

  • Two front 1 bed, 1 bath units plus one back 2 bed, 1 bath unit
  • Ready‑to‑issue permit for two new 2 bed, 1 bath ADU units
  • Comprehensive 2016 renovation with selective 2025 interior refreshes

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Accounting Firm Travel Agency Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,326
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Updated triplex featuring two front 1 bed units, a back 2 bed unit, and a ready-to-issue permit for two ADUs.
Where is this triplex located?
The property is located at 2821 S Sycamore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two front 1 bed, 1 bath units plus one back 2 bed, 1 bath unit; Ready‑to‑issue permit for two new 2 bed, 1 bath ADU units; Comprehensive 2016 renovation with selective 2025 interior refreshes
More about this property
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