320 N Sycamore Ave - Apartments FOR SALE


Los Angeles, CA 90036- Hancock Park
$2,225,000 USD
310-729-6852
320 N Sycamore Ave, Los Angeles, CA for Sale
$2,225,000 USD
Apartments - FOR SALE
1/7
null | 4.49% Cap Rate

320 N Sycamore Ave
Los Angeles, CA 90036
Hancock Park


HIGHLIGHTS

  • Four-unit Spanish Colonial Revival property with original charm and architectural detailing.
  • Located in Hancock Park-Wilshire, within a highly stable and desirable residential district.
  • Lush landscaped front lawn and gated entry enhance privacy and visual appeal.
  • Proximity to Melrose Avenue and key Los Angeles cultural, retail, and dining destinations.
  • Long-term hold potential with consistent rental demand and strong surrounding property values.
  • Detached garage and additional yard space provide added functionality and onsite convenience.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

4

PRICE/UNIT

$556,250

CAP RATE

4.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,839 SF

ZONING

LAR3

APN/PARCEL ID

5525-031-008

ASK ABOUT THIS PROPERTY

Ryan JanculaCompassMore Info
310-729-6852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ryan JanculaCompassMore Info
310-729-6852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.