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Six-Unit Apartment Building
For Sale
$4,495,000

2938 S Sycamore, Los Angeles, CA 90016

New construction with private rooftop decks, balconies, and separately metered utilities.

Property Size9,489 SF
Days on Market9

Property Features for 2938 S Sycamore

General Information

Standard status Active
Size 9,489 SF
Property subtype Apartment

Building Details

Building Size 9,489 SF
Year Built 2026
Listing Agency: Myunits.com Inc.
Listed By: Lauren Cearley · License #02146823
Source: Archetyperealty
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 25 at 12:02PM

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 Myunits.com Inc.

Investment Insights

Based on property information with market context.

Completed in 2026, this non-rent-controlled apartment property comprises 6 residences across two contemporary buildings totaling 9,489 square feet. The unit mix includes two 3-bedroom homes and four 4-bedroom homes, with private rooftop decks, balconies, central HVAC, in-unit washers and dryers, and modern kitchens and bathrooms. Ten on-site parking spaces serve the residences, while separately metered utilities support distinct tenant utility billing. Four of the six units are currently leased.

The property is located at 2938 S Sycamore Ave in Los Angeles, within the West Adams area and near Culver City and the Expo Line. The surrounding context includes Alta Adams, Mizlala, Johnny's Pastrami, and Highly Likely, with access to Santa Monica, DTLA, USC, and the greater Westside. Sony, Amazon Studios, Apple, and HBO are also identified nearby.

Key Highlights

  • 2026 new construction with 6 units in two buildings
  • 9,489 square feet with a mix of two 3‑bedroom and four 4‑bedroom residences
  • Four of six residences are leased; property is non‑rent‑controlled

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Travel Agency Accounting Firm (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,491
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction with private rooftop decks, balconies, and separately metered utilities.
Where is this apartment building located?
The property is located at 2938 S Sycamore Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: 2026 new construction with 6 units in two buildings; 9,489 square feet with a mix of two 3‑bedroom and four 4‑bedroom residences; Four of six residences are leased; property is non‑rent‑controlled
More about this property
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