326 N Sycamore Ave - Apartments FOR SALE


Los Angeles, CA 90036- Hancock Park
$2,795,000 USD
310-729-6852
326 N Sycamore Ave, Los Angeles, CA for Sale
$2,795,000 USD
Apartments - FOR SALE
1/24
null | 4.69% Cap Rate

326 N Sycamore Ave
Los Angeles, CA 90036
Hancock Park


HIGHLIGHTS

  • Character-rich four-unit property within the historic and desirable Hancock Park district.
  • Large two-bedroom, two-bath floor plans featuring hardwood floors and classic architectural details.
  • Detached garages and mature landscaping enhance privacy and curb appeal.
  • Highly walkable location near The Grove, Larchmont Village, and iconic Los Angeles retail and dining corridors.
  • Built in 1928, showcasing authentic Spanish-style architecture with enduring appeal.
  • Strong rental history with projected upside from additional renovations and market positioning.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$442 USD /SF

# OF UNITS

4

PRICE/UNIT

$698,750

CAP RATE

4.69%

% 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

5525-031-007

ASK ABOUT THIS PROPERTY

Ryan JanculaCompassMore Info
310-729-6852

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Ryan JanculaCompassMore Info
310-729-6852

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