Hancock Park-Wilshire (C18) Homes with Apartment Subtype

Hancock Park-Wilshire (C18) Homes with Apartment Subtype

Welcome to Hancock Park-Wilshire, a vibrant and historic neighborhood nestled in the heart of Los Angeles, California. Known for its tree-lined streets, stunning architecture, and rich cultural heritage, this area is a hidden gem that offers a unique blend of urban living and suburban charm.

Hancock Park-Wilshire is renowned for its diverse architectural styles, ranging from stately Tudor homes to elegant Mediterranean Revival residences, each telling a story of the past while providing modern amenities for today’s lifestyle. The neighborhood is particularly appealing to those seeking homes with an apartment subtype, allowing for versatile living arrangements. Whether you’re a first-time homebuyer looking for a cozy apartment or a seasoned investor seeking a multifamily property, Hancock Park-Wilshire has something to suit every need.

Residents enjoy easy access to a wealth of local attractions, including trendy boutiques, gourmet restaurants, and lush parks. The proximity to cultural landmarks such as the Los Angeles County Museum of Art and the historic Wilshire Boulevard makes it a haven for art enthusiasts and history buffs alike.

Furthermore, Hancock Park-Wilshire boasts excellent school districts and convenient public transportation options, making it an ideal choice for families and young professionals. With its perfect blend of accessibility, community spirit, and architectural beauty, Hancock Park-Wilshire is not just a place to live; it's a lifestyle waiting to be embraced. Discover your dream home in this enchanting neighborhood today!

Newest Hancock Park-Wilshire (C18) Homes with Apartment Subtype

$1,850,000
OC26099417 MLS ⋅ Active Status
$50K PRICE REDUCTION. ACTUAL 9.1 GRM / 7.5% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated electrical in progress. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming Olympics!

701 Crenshaw, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.