127 S Sycamore Ave 4 Unit Apartment Building $2,225,000 ($556,250/Unit) 4.52% Cap Rate Los Angeles, CA 90036

127 S Sycamore Avenue offers a rare opportunity to acquire an architecturally distinctive multifamily property situated in the highly sought-after Hancock Park-Wilshire District of Los Angeles. Available for the first time in over 50 years, this four-unit property reflects Mediterranean-inspired elegance blended with timeless architectural details. Each unit spans approximately 1,000 square feet and includes two bedrooms and one bath, delivering both functionality and historical charm.
The building boasts decorative ironwork, a smooth stucco façade, cathedral arch openings, and maintained gardens that enhance its curb appeal. Additional value lies in the detailed garages with ADU potential, mature landscaping, and an oversized central courtyard offering a tranquil environment. Located adjacent to Hancock Park and near West Hollywood, the property enjoys proximity to major retail, vibrant dining corridors, and lifestyle destinations, boosting long-term rental demand and tenant retention prospects.
This opportunity appeals to investors seeking not just rental income but enduring asset value in one of Los Angeles’ most prestigious neighborhoods. Properties of this caliber and location rarely become available, making 127 S Sycamore a compelling acquisition for any discerning portfolio.