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Coming soon! Prime investment opportunity in the sought-after Koreatown/Hancock Park adjacent area! This exceptional four-unit property is located in one of Los Angeles' most desirable and rapidly appreciating neighborhoods, offering the perfect combination of stable income and long-term growth potential. Each of the four spacious units features functional floor plans, with the possibility of converting into three-bedroom, two-bath layouts. The property is ideally situated near Larchmont Village, Hancock Park, and Koreatown, and just minutes from Downtown LA, Hollywood, and major employment hubs. Residents will appreciate the convenience of nearby Metro stations, along with easy access to popular restaurants, cafes, and boutique shops. Iconic attractions such as The Grove, LACMA, and Paramount Studios are also close at hand. This property offers strong rental demand with consistently high occupancy rates, along with the potential for value-add improvements to further boost ROI. With limited new development in the area and a favorable rent-to-price ratio compared to other Los Angeles submarkets, investors have the opportunity to capitalize on the city's ongoing housing shortage. Perfect for investors seeking a great opportunity as all 4 units are delivered vacant, rarely does a multi-unit property with such upside potential come to market in an established neighborhood. Schedule your private showing today!
Property Type(s):
Residential Income
| Last Updated | 10/15/2025 | Year Built | 1922 |
|---|---|---|---|
| Community | C18 - Hancock Park-Wilshire | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C18 - Hancock Park-Wilshire |
| HEAT | Space Heater |
| LOT | 7170 sq ft |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with California Bridge Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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