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4-Unit Courtyard Apartment Building
New
For Sale
$2,200,000

321 N Sycamore Ave, Los Angeles, CA 90036

A vacant three-bedroom residence offers flexibility within a four-home Los Angeles property.

Property Size7,340 SF
Days on Market2

Property Features for 321 N Sycamore Ave

General Information

Standard status Active
Size 7,340 SF
Property subtype Multifamily

Amenities

4-unit courtyard building offered for sale in the Miracle Mile/Mid-Wilshire submarket of Los Angeles.
Built in 1927 and held under the same ownership for over 40 years, the property comes to market for the first time in a generation.
The property offers two 3+2 and two 2+1 units totaling approximately 7,340 SF on a 7,502 SF LAR3-zoned lot.

Building Details

Building Size 7,340 SF
Units 4
Listing Agency: Marcus & Millichap
Listed By: Neema Ahadian · License #License(s): CA: 01346750
Source: Marcusmillichap
Added: Sep 30 Last Checked: Oct 1 at 7:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

Investment Insights

Based on property information with market context.

This 1927 courtyard property contains four residences totaling approximately 7,340 square feet on a 7,502-square-foot lot. The unit mix is two 3-bedroom, 2-bathroom homes and two 2-bedroom, 1-bathroom homes. One of the larger residences will be vacant at closing. The site also includes a detached garage, and the property is zoned LAR3; conversion of the garage to an ADU is a possibility subject to buyer verification.

At 321 N Sycamore Avenue, the property is in the Citrus Square Historical District. Beverly Hills, West Hollywood, Cedars-Sinai Medical Center, and the Museum Row corridor along Wilshire Boulevard are described as within walking distance.

Key Highlights

  • Four residences: two 3+2 units and two 2+1 units
  • Approximately 7,340 square feet on a 7,502‑square‑foot LAR3‑zoned lot
  • One 3+2 residence delivered vacant at closing

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,436
Businesses Nearby

Demographics for 90036, CA

39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - A vacant three-bedroom residence offers flexibility within a four-home Los Angeles property.
Where is this quadplex located?
The property is located at 321 N Sycamore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Four residences: two 3+2 units and two 2+1 units; Approximately 7,340 square feet on a 7,502‑square‑foot LAR3‑zoned lot; One 3+2 residence delivered vacant at closing
More about this property
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