Hancock Park-Wilshire (C18) Homes with Apartment Subtype

Welcome to Hancock Park-Wilshire, a gem nestled in the heart of Los Angeles, California. This vibrant neighborhood is characterized by its historic charm, tree-lined streets, and a rich tapestry of culture and community. Known for its stunning architecture, Hancock Park-Wilshire boasts a unique blend of classic and contemporary homes, making it an ideal destination for those seeking a dynamic urban lifestyle.

The real estate landscape in Hancock Park-Wilshire features a variety of homes, with a significant offering of apartment-style living. These residences provide an excellent opportunity for both first-time buyers and seasoned investors looking to capitalize on the area's growing popularity. The apartments here are often characterized by spacious layouts, modern amenities, and convenient access to the city’s best attractions. Whether you’re seeking a cozy studio or a multi-bedroom unit, you’ll find options that cater to diverse lifestyles and budgets.

Living in Hancock Park-Wilshire means enjoying a vibrant community filled with local shops, trendy cafes, and renowned dining establishments. Residents can easily explore the nearby cultural landmarks, including museums and theaters, which contribute to the area’s rich artistic heritage. With its close proximity to downtown Los Angeles and major transportation routes, commuting is a breeze, making this neighborhood perfect for those who thrive in an urban environment.

In Hancock Park-Wilshire, you’ll find not just a place to live, but a community to call home. Experience the charm and convenience of this extraordinary Los Angeles neighborhood—where history meets modern living, and every day offers something new to discover.

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.