366 N Sycamore Ave 5 Unit Apartment Building $3,395,000 ($679,000/Unit) 4.53% 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. 366 N Sycamore presents a charming Mediterranean-influenced architectural property comprised of five well-maintained units totaling 8,940 SF, set on a generous 9,570 SF corner lot. Offering strong upside potential, the property also features detached garages with ADU potential, creating additional long-term value and flexibility for an investor. Framed by mature sycamore trees and lush landscaping, the property exudes quiet elegance from the street. Steep rooflines, arched windows, and subtle decorative detailing give the building a distinctly residential feel, while the facade balances warmth and symmetry. A manicured front lawn and mature greenery create a strong sense of arrival, and the overall composition feels intentional and enduring, with curb appeal that stands apart from more utilitarian income properties. Inside, the scale and proportions suggest spacious layouts designed for comfortable everyday living, appealing to tenants drawn to homes with architectural integrity and charm. The property offers a rare opportunity to own an asset that feels established and timeless rather than transient or overly renovated, a quality increasingly valued within the Hancock Park rental market. Located just moments from Melrose Avenue and some of the neighborhood's most popular dining and retail destinations, the setting continues to drive consistent, long-term demand. Central yet residential, 366 N Sycamore blends classic architecture, strong street presence, and enduring neighborhood appeal within one of Los Angeles' most desirable and consistently sought-after pockets. 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.