326 N Sycamore Ave 4 Unit Apartment Building $2,795,000 ($698,750/Unit) 4.69% Cap Rate Los Angeles, CA 90036

326 N Sycamore Avenue presents a rare investment opportunity in the heart of Los Angeles, offering four architecturally distinctive multi-unit residences just steps from Hancock Park. Positioned within a historically desirable neighborhood, this property blends timeless character with enduring craftsmanship. Each unit features expansive layouts with two bedrooms and two baths, hardwood floors, arched openings, and abundant natural light through generously sized windows.
The site offers detached garages, mature landscaping, and refined Spanish architectural styling that sets it apart from conventional properties. With a total living area of over 6,300 SF, new ownership will benefit from long-term income potential and flexible usage options. The property’s ideal location places residents minutes from The Grove, Larchmont Village, Melrose Avenue shopping, and Mid-Wilshire’s dining destinations. This highly walkable setting ensures consistent rental demand and lifestyle convenience, making the asset suitable for investors or owner-occupiers seeking charm with income stability. Surrounded by prestigious neighborhoods, the property stands as both a unique architectural acquisition and a source for strong future value.