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Exceptional four-unit investment and owner-user opportunity in the highly desirable Hancock Park / 90036 submarket, just blocks from Melrose and moments from The Grove, Beverly Grove, West Hollywood, shopping, dining and entertainment. Situated on an approximately 6,362 SF LARD1.5 lot, this classic Los Angeles fourplex offers tremendous long-term value-add potential in one of the city's most sought-after infill locations. One unit is currently vacant, creating an outstanding opportunity for an owner-user to live in the property while generating income from the three remaining units. For the investor, existing rents provide significant future upside as the property currently reflects legacy rental income well below the potential of this prime location. The generous lot and zoning may also offer potential for an ADU, additional improvements, or future redevelopment, subject to Buyer verification of zoning, density, permits, tenant regulations and all applicable City and State requirements. The surrounding neighborhood continues to experience substantial reinvestment, renovation, and new development, further enhancing the long-term appeal of this location. Whether your strategy is owner occupancy, rental repositioning, long-term hold, ADU/value-add improvements or future redevelopment, this property offers multiple paths to create value. Four legal units, the largest unit 3+2 will be delivered vacant, valuable land, tremendous rental upside and an irreplaceable central Los Angeles location.
Property Type(s):
Residential Income
| Last Updated | 9/8/2026 | Year Built | 1939 |
|---|---|---|---|
| Community | C18 - Hancock Park-Wilshire | Garage Spaces | 4.0 |
| County | Los Angeles |
Price History
| Prior to Sep 8, '26 | $1,950,000 |
|---|---|
| Sep 8, '26 - Today | $1,750,000 |
Additional Details
| AREA | C18 - Hancock Park-Wilshire |
|---|---|
| GARAGE | Yes |
| LOT | 6364 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| LOT DIMENSIONS | 6362 |
| PARKING | Concrete, Driveway, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with RE/MAX of Santa Clarita
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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