326 N Sycamore Ave 4 Unit Apartment Building $2,795,000 ($698,750/Unit) 4.69% 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.326 N Sycamore is a timeless Hancock Park asset defined by architectural character and long-term upside. This well-maintained four-unit multifamily property spans 6,321 SF and is set on a 7,819 SF lot, with each unit offering 2-bedrooms and 2-baths. The property blends classic design with enduring craftsmanship, highlighted by rich hardwood floors, arched openings, and beautifully detailed windows that bring warmth and natural light into each residence. The property also includes detached garages with ADU potential, further enhancing its long-term value and flexibility. The building carries a strong presence from the street, with its symmetrical facade, mature landscaping, and thoughtful architectural details that distinguish it from more conventional income properties. Each residence benefits from generous layouts and design elements that elevate everyday living. Rather than uniform, cookie-cutter interiors, the residences reflect a level of character and scale that appeals to today's renters seeking charm without compromise. This is an asset that not only performs, but also feels distinct, ideal for both investors and owner-users looking for a more curated offering. Set in the heart of Hancock Park, one of Los Angeles' most established and desirable neighborhoods, the location is a major driver of value. Just moments from Melrose Avenue, residents enjoy easy access to some of the city's best dining, shopping, and lifestyle destinations, all within a highly walkable setting. Central, connected, and consistently in demand, this is a location that continues to perform over time. 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.