Hancock Park-Wilshire (C18) Homes with Quadruplex Subtype

Welcome to Hancock Park-Wilshire, a vibrant and historic neighborhood in the heart of Los Angeles, California. Known for its stunning architecture and rich cultural heritage, this area offers a unique blend of urban sophistication and suburban charm. With tree-lined streets and beautifully manicured gardens, Hancock Park-Wilshire is a haven for those seeking a serene lifestyle while remaining close to the bustling city.

One of the most intriguing aspects of this neighborhood is its diverse housing market, particularly the availability of quadruplex homes. These unique properties present an excellent opportunity for investors and homeowners alike. Quadruplexes, which consist of four separate living units, are perfect for multi-generational families or those looking to generate rental income. Imagine owning a charming property where you can reside in one unit while leasing out the others, creating a harmonious balance of living and earning.

Hancock Park-Wilshire is not just about the homes; it’s also about the lifestyle. Residents enjoy proximity to some of the finest dining, shopping, and entertainment options that Los Angeles has to offer. The neighborhood is dotted with trendy cafes, boutique shops, and cultural landmarks, including the historic Wilshire Boulevard and the iconic Los Angeles County Museum of Art (LACMA).

Whether you’re drawn to the architectural beauty of the homes, the vibrant community spirit, or the convenience of city living, Hancock Park-Wilshire is a place where dreams can flourish. Explore the possibilities of owning a quadruplex in this enchanting neighborhood and become part of a community that celebrates both history and modernity. Welcome home!

Newest Hancock Park-Wilshire (C18) Homes with Quadruplex Subtype

$1,750,000

SR26183908 MLS ⋅ Active Status

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, one delivered vacant, valuable land, tremendous rental upside and an irreplaceable central Los Angeles location.

457 N Stanley, Los Angeles

$1,995,000

SB26157342 MLS ⋅ Active Status

Fantastic opportunity to acquire a FULLY Not Rented 4-unit rental property in Wilshire Park, primed for immediate income generation and value-add potential. With many system upgrades and updated units, this property will be delivered 100% vacant, allowing for investors to lease at current market rents from day one - maximizing cash flow without tenant restrictions. Also presents a unique option to live in the main house, and receive passive income to help pay down your mortgage! The front building features a spacious 5-bedroom + den residence, ideal for a high-income rental, owner-user, co-living model, or live/work use. Its flexible layout includes a large kitchen, formal dining room, expansive living areas, laundry room, and dual staircases offering multiple income strategies. In the rear, two updated 1-bedroom units plus a studio provide additional revenue streams with strong market rent potential. The property also includes private garages (potential ADU conversion, buyer to verify) and ample gated parking further enhancing income possibilities. Situated on a gated lot with mature landscaping and multiple outdoor areas, the property offers added tenant appeal and long-term development upside. A turnkey opportunity for investors seeking a centrally located asset with immediate leasing potential, strong rental fundamentals, and multiple paths to increase value. Strategically located in the heart of Los Angeles, just minutes from Hancock Park, Larchmont Village, Mid-Wilshire, Koreatown, and Hollywood, the property benefits from consistently strong rental demand and proximity to major employment, dining, and lifestyle hubs.

727 Crenshaw, Los Angeles

$2,200,000

6 Beds ⋅ 5 Baths ⋅ SR26156761 MLS ⋅ Active Status

LOCATION, LOCATION,LOCATION. WELCOME TO OUR STYLISH 3BDR/2BA HOME IN THE HEART OF KOREATOWN AND HANCOCK PARK AREA. A GREAT OPPURTUNITY FOR FIRST TIME BUYERS AND INVESTORS. 3 UNITS AT THE BACK WHICH GIVES A PASSIVE INCOME MONTHLY. JUST MOVE RIGHT IN. LOCATED IN THE VICINITY OF LARCHMONT VILLAGE, MELROSE AND MIDWILSHIRE. GREAT REDEVELOPMENT AREA. A LOT OF GREAT POTENTIALS AND BUSINESS OPPURTUNITIES.

4727 Oakwood Avenue, Los Angeles

$1,750,000

DW26085689 MLS ⋅ Active Status

Exceptional owner-user or investment opportunity in the highly desirable Hancock Park area. This well-maintained fourplex features four spacious 3-bedroom units, including a vacant 3-bedroom, 2.5-bath owner's unit ready for immediate occupancy. Ideal for an owner-user looking to live in one unit while generating rental income from the other three units. The vacant unit also offers excellent lease-up potential, providing flexibility for future rental income. With over 5,200 square feet of living space and an attractive unit mix, this property appeals to both families and long-term tenants alike. Located just minutes from Hancock Park, Windsor Square, Larchmont Village, Koreatown, Downtown Los Angeles, and major transportation corridors. Offered at $1,750,000, this is a rare opportunity to acquire a large multifamily property with strong rental demand, long-term upside potential, and owner-user flexibility in one of Los Angeles' most established neighborhoods.

139 S Manhattan, 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.