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326 N Sycamore Ave 4 Unit Apartment Building $3,846,144 CAD ($961,536 CAD/Unit) 4.69% Cap Rate Los Angeles, CA 90036



Investment Highlights
- Character-rich four-unit property within the historic and desirable Hancock Park district.
- Detached garages and mature landscaping enhance privacy and curb appeal.
- Built in 1928, showcasing authentic Spanish-style architecture with enduring appeal.
- Large two-bedroom, two-bath floor plans featuring hardwood floors and classic architectural details.
- Highly walkable location near The Grove, Larchmont Village, and iconic Los Angeles retail and dining corridors.
- Strong rental history with projected upside from additional renovations and market positioning.
Executive Summary
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.
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.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$255,489
|
$40.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$255,489
|
$40.42
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$75,288
|
$11.91
|
| Net Operating Income |
$180,200
|
$28.51
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $255,489 |
| Annual Per SF | $40.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $255,489 |
| Annual Per SF | $40.42 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $75,288 |
| Annual Per SF | $11.91 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $180,200 |
| Annual Per SF | $28.51 |
Property Facts
| Price | $3,846,144 CAD | Property Subtype | Apartment |
| Price Per Unit | $961,536 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.69% | Lot Size | 0.18 AC |
| Gross Rent Multiplier | 15.05 | Building Size | 6,321 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Zoning | LAR3 - R3 Multiple Dwelling Zone | ||
| Price | $3,846,144 CAD |
| Price Per Unit | $961,536 CAD |
| Sale Type | Investment |
| Cap Rate | 4.69% |
| Gross Rent Multiplier | 15.05 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,321 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | LAR3 - R3 Multiple Dwelling Zone |
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5525-031-007 | Improvements Assessment | $268,422 CAD (2025) |
| Land Assessment | $348,757 CAD (2025) | Total Assessment | $617,179 CAD (2025) |
Property Taxes
Parcel Number
5525-031-007
Land Assessment
$348,757 CAD (2025)
Improvements Assessment
$268,422 CAD (2025)
Total Assessment
$617,179 CAD (2025)
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326 N Sycamore Ave
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