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

This rare offering at 320 N Sycamore Avenue presents an exceptional opportunity to acquire a historically significant, architecturally distinctive four-unit multifamily property in the prestigious Hancock Park-Wilshire area. Available for the first time in over 50 years, the property embodies classic Spanish Colonial Revival design, featuring a symmetrical façade accented by detailed eaves, arched entries, and mature green landscaping. Positioned within one of Los Angeles’ most stable and desirable neighborhoods, the asset benefits from rich curb appeal and inherent long-term value.
The property spans a generous 7,821 square foot lot and includes spacious units curated for functionality and comfort. Scenic window lines create an abundance of natural light, while hardwood floors, original detailing, and well-maintained interiors underscore its timeless character. Located minutes from entertainment, shopping, and cultural amenities, the property ensures consistent tenant demand and sustained appreciation for investors. With upside potential in rents and enduring status within one of the city’s most historically significant enclaves, this listing offers not just an income-producing asset but a piece of Los Angeles architectural heritage.