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

The Sycamore Portfolio is now available for the first time in over 50 years. After countless years under the same ownership, this exclusive and rare opportunity presents the acquisition of five architecturally distinctive multifamily properties thoughtfully positioned throughout Hancock Park, each offering strong upside potential and timeless character within one of Los Angeles' most consistently desirable residential neighborhoods. 127 S Sycamore presents a refined Mediterranean-inspired architectural presence, with a sense of scale and symmetry that immediately distinguishes it along one of Hancock Park's most character-rich residential corridors. This four-unit multifamily property spans 5,851 SF and is situated on a 7,504 SF lot, with each unit offering 2-bedrooms and 1-bath. The property is defined by its smooth stucco facade, decorative ironwork, and sculptural arched openings, creating a timeless elegance that feels both substantial and residential in nature. The property also features detached garages with ADU potential, further enhancing its long-term value and flexibility. The front elevation is anchored by a beautifully detailed central entry framed with carved ornamentation and Old World influence, while a series of tall windows and covered balconies introduce rhythm, depth, and natural light throughout the structure. Mature landscaping and a manicured lawn soften the architecture, creating a warm and composed street presence that feels curated rather than institutional. Rather than functioning solely as a traditional income property, the building offers an experience more aligned with classic Hancock Park living, appealing to tenants who value charm, scale, and authenticity within a highly sought-after neighborhood setting. Located just south of Melrose Avenue in the heart of Hancock Park, 127 S Sycamore benefits from a highly desirable rental location with close proximity to premier dining, retail, and lifestyle destinations, supporting enduring value in a highly competitive market. As part of the broader Sycamore Collection portfolio offering, the property represents a unique opportunity to acquire one of five distinctive architectural multifamily assets within one of Los Angeles' most consistently desirable residential neighborhoods.