Hancock Park-Wilshire (C18) Homes with None Parking features

Hancock Park-Wilshire (C18) Homes with None Parking features

Welcome to Hancock Park-Wilshire, a charming and historic neighborhood nestled in the heart of Los Angeles, California. Known for its tree-lined streets and stunning architectural diversity, this area is a true gem that beautifully marries the old with the new. With its rich history dating back to the 1920s, Hancock Park boasts an array of beautiful homes, many of which showcase the exquisite craftsmanship of the era, from Spanish Revival to Mediterranean styles.

As you explore this vibrant community, you’ll discover a wealth of amenities that make it an ideal place to call home. The neighborhood is conveniently situated near an array of shopping, dining, and entertainment options, with trendy cafes and boutique shops just a stone’s throw away. Additionally, Hancock Park-Wilshire is known for its proximity to cultural landmarks such as the Los Angeles County Museum of Art (LACMA) and the iconic La Brea Tar Pits, offering residents an abundance of recreational and cultural experiences.

One unique aspect of homes in Hancock Park-Wilshire is the availability of properties with no parking features. This characteristic appeals to those who prioritize walkability and public transport access, as the neighborhood is well-served by public transit options. Imagine strolling through the picturesque streets, enjoying the lush greenery, and having everything you need within walking distance.

Whether you’re drawn to the historic charm, the vibrant community spirit, or the convenience of urban living, Hancock Park-Wilshire is a delightful neighborhood that invites you to experience the best of Los Angeles living. Come explore your new home in this enchanting locale!

Newest Hancock Park-Wilshire (C18) Homes with None Parking features

$2,200,000
10 Beds ⋅ 6 Baths ⋅ 26994213 MLS ⋅ Active Status
We are pleased to present 321 N Sycamore Avenue, a 4-unit courtyard building offered for sale in the Miracle Mile/Mid-Wilshire submarket of Los Angeles. Built in 1927 and held under the same ownership for over 40 years, the property comes to market for the first time in a generation. The property offers two 3+2 and two 2+1 units totaling approximately 7,340 SF on a 7,502 SF LAR3-zoned lot. The 3+2 units are approximately 1,950 SF each, substantially oversized relative to the submarket and well suited to attract long-term, high-quality tenants. The front 3+2 unit is being delivered vacant at close of escrow, providing an incoming buyer with immediate ability to renovate and lease at market rate with no displacement risk. The vacant unit also presents a compelling owner-user opportunity, allowing a buyer to occupy a large, character-filled 3+2 home in one of Los Angeles' most desirable mid-city neighborhoods while the remaining three units offset carrying costs. Priced at $2,200,000, the offering equates to $550,000 per unit and $299 per gross SF, representing an attractive entry basis for the submarket. Two of four units are significantly below market, with pro forma rents underwritten at $3,750 per month for 2+1 units and $4,625 per month for 3+2 units, driving a pro forma CAP rate of 6.18% and a market GRM of 10.95 against a 3.27% current CAP and16.92 current GRM. The LAR3 zoning and existing detached garage create a viable pathway for ADU conversion. The garage could be converted into an additional dwelling unit without replacing the parking, potentially adding a rentable unit to the property, increasing gross income, and meaningfully compressing the effective per-unit basis (buyer to verify). The property sits within the Citrus Square Historical District, with walkable access to Beverly Hills, West Hollywood, Cedars-Sinai Medical Center, and the Museum Row corridor along Wilshire Boulevard. The submarket is characterized by deep renter demand, minimal new supply, and consistently low vacancy, supported by some of the strongest household income demographics in LA.

321 N Sycamore Avenue, Los Angeles

$3,950,000
21 Beds ⋅ 21 Baths ⋅ 26866043 MLS ⋅ Active Status
We are pleased to present 720 S Plymouth Boulevard, a 17-unit multifamily investment opportunity located in the Hancock Park-adjacent area of Los Angeles. Built in 1955, the property spans approximately 14,410square feet on a 13,004 SF lot. An attractive unit mix of one single, twelve one-bedrooms, and four two-bedrooms/1.5-bath appeals to a wide range of renter profiles. The property offers a gated entrance with an intercom system and subterranean parking featuring 16 single spaces, a strong amenity for the submarket. A spacious central courtyard provides common areas for tenants, anchoring the property's overall livability and curb appeal. Interior walkways present the potential to be converted into private patios and balconies offering a future owner a value-add opportunity to enhance unit appeal. Additionally, upside may be pursued by converting the existing basement storage into an ADU (buyer to verify).Units are cooled by a combination of window and wall AC units, and the property is separately metered for gas and electric. On-site community laundry, equipped with two washers and two dryers, generates in-place ancillary income, with notable additional upside available through renting out more storage to tenants. Offered at $3,950,000 ($232,353/unit, $274/SF), reflecting a 5.84% current cap rate and9.82 GRM on in-place income. Windsor Village offers investors a rare opportunity to acquire in one of Los Angeles' most architecturally distinct and historically intact residential districts. With clearly defined boundaries and a strong neighborhood identity anchored by Harold A. Henry Park, the submarket combines timeless appeal with proven long-term desirability.

720 S Plymouth Boulevard, Los Angeles

Start Your Search

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.