Two diastereoisomers of cyclo(Pro-Tyr) have been synthesized simultaneously. The crystal structures and conformations of both cyclo($small{L}$-Pro-$small{L}$-Tyr) and a racemic mixture of cyclo($small{D}$-Pro-$small{L}$-Tyr) and cyclo($small{L}$-Pro-$small{D}$-Tyr), abbreviated as rac-cyclo($small{D}$-Pro-$small{L}$-Tyr/$small{L}$-Pro-$small{D}$-Tyr), have been determined by a single-crystal X-ray diffraction study at low temperature. The crystals of rac-cyclo($small{D}$-Pro-$small{L}$-Tyr/$small{L}$-Pro-$small{D}$-Tyr) belong to orthorhombic space group $Pna2_1$ with a = 10.755 (1), b = 12.699 (1), c = 9.600 (1) ${AA}$ and Z = 4. The tyrosine side chain is folded towards the diketopiperazine (DKP) ring. The DKP ring adopts a twist boat conformation with pseudo symmetry $C_{2v}$. The pyrrolidine ring has an envelope conformation with the N5, C4, C7 and C8 atoms in a plane. The crystal of rac-cyclo($small{D}$-Pro-$small{L}$-Tyr/$small{L}$-Pro-$small{D}$-Tyr) is stabilized by hydrogen bonds between amide N2-H2 and carbonyl oxygen O2 in the neighbor. The hydroxyl group of tyrosine residue is also hydrogen bonded to the oxygen of the carbonyl group of the DKP ring in the next molecule. The spectroscopic properties of both isomers are also described.