320 N Sycamore Ave 4 Unit Apartment Building $2,225,000 ($556,250/Unit) 4.49% Cap Rate Los Angeles, CA 90036

The Sycamore Portfolio is now available for the first time in over 50 years. 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. 320 N Sycamore is a classic Spanish Colonial Revival set along one of Hancock Park's most desirable residential streets, offering a timeless architectural presence rooted in character and tradition. This well-maintained four-unit multifamily property spans 5,732 SF on a 7,821 SF lot, with each unit consisting of 2-bedrooms and 1-bath. The property includes detached garages with ADU possibilities, adding further long-term value and flexibility. The facade is defined by traditional architectural elements, including a terra cotta tile roofline, arched central entry, and textured stucco exterior, all softened by mature sycamore trees that frame the property and cast natural shade. Subtle detailing enhances the character without overwhelming the overall composition. A manicured front lawn and hedged perimeter create a clean, welcoming approach, leading to a warm wood entry set beneath a classic archway. The setting feels composed and residential, more akin to a private home than a typical income property, offering a sense of care and thoughtful design. Inside, the scale and window lines suggest well-proportioned residences filled with natural light, appealing to tenants drawn to the neighborhood's architectural charm and livability. Positioned in the heart of Hancock Park, just moments from Melrose Avenue, the property benefits from consistent tenant demand driven by its prime location, walkability, and the neighborhood's long-standing reputation. This is an opportunity to acquire a stable asset with clear long-term upside in one of Los Angeles' most established rental markets. 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.