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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,099,000

Est. payment - /mo

6 Beds

4 Baths

4,138 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,138 sqft

Price per Sqft $507

MLS Listing ID 25617777

Bedrooms 6

HOA Y/N No

Year Built 1924

Lot Size 7,501 Sqft

Property Description

Fantastic opportunity to own a fully vacant 3-unit income property in the heart of Wilshire Park - an ideal location for strong rental demand and long-term growth. Surrounded by some of L.A.'s most desirable neighborhoods, this property sits just minutes from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, offering quick access to top dining, shopping, transit, and major employment hubs. The main residence is a spacious 4-bedroom manor with a den, perfect for an owner-user, high-value rental, or a business/office setup. With an oversized kitchen, formal dining room, living room, laundry room, generous bedrooms, and dual staircases, the layout provides exceptional flexibility and multiple use options. In addition, two updated 1-bedroom units in the rear structure offer immediate rental income potential at market rates. The property also features four private garages (ideal for added income or ADU potential, buyer to verify), plus ample parking throughout the lot. Mature trees, a gated yard, and multiple private outdoor areas add extra appeal for tenants and future development possibilities.A rare chance to acquire a centrally located, fully vacant property with strong income upside in a high-demand rental market!

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Dryer

Laundry In Kitchen

Exterior

Parking Features Door-Single, Garage, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gated

View Y/N No

View None

Porch Enclosed

Total Parking Spaces 10

Private Pool No

Building

Faces East

Entry Level Two

Foundation Raised

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5090032012

Security Features Gated Community

Special Listing Condition Standard

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Listed by Richard Schulman Keller Williams Los Angeles

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727 Crenshaw BLVD Los Angeles, CA 90005