Hancock Park-Wilshire (C18) Homes with Quadruplex Subtype

Welcome to Hancock Park-Wilshire, a vibrant and historic neighborhood nestled in the heart of Los Angeles, California. Known for its stunning tree-lined streets and a rich tapestry of architectural styles, this area offers a unique blend of old-world charm and modern convenience. Hancock Park-Wilshire is celebrated for its proximity to some of LA’s most renowned cultural landmarks, including the Los Angeles County Museum of Art (LACMA) and the iconic Wilshire Boulevard, making it a prime location for both residents and visitors alike.

One of the standout features of this neighborhood is the availability of homes with a quadruplex subtype. Perfect for investors or those looking for a multi-generational living setup, these properties offer four distinct living units under one roof. This arrangement not only maximizes rental income potential but also fosters a sense of community and shared living. Each unit typically boasts its own unique character, allowing for a diverse living experience while still being part of a cohesive property.

Living in Hancock Park-Wilshire means enjoying easy access to a plethora of dining, shopping, and entertainment options. Whether you’re indulging in a meal at a trendy café or exploring the eclectic boutiques that dot the area, you’ll find that this neighborhood has something for everyone. With its blend of historic elegance and modern amenities, Hancock Park-Wilshire is not just a place to live; it’s a lifestyle waiting to be embraced. Discover the possibilities of quadruplex living in this enchanting Los Angeles enclave today!

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

$2,150,000

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

$1,190,000

OC26122167 MLS ⋅ Active Status

Location ! Location ! Exceptional four-unit investment opportunity located in the heart of Mid-City Los Angeles, one of the most centrally positioned and consistently in-demand rental corridors in the city. 1288 West Blvd offers a rare combination of stable in-place income, strong tenant demand, and meaningful long-term appreciation potential. The property consists of 4 units , 1 bed 1 bath residential units on a 7033 Sqt lot with attached 4 parking , on-site extra parking, providing a each unit 2 parking space . Its central location places it within minutes of Los Angeles’ key economic and cultural hubs, including Downtown LA, Koreatown, Miracle Mile, Culver City, Beverly Hills, and Century City. Access to major employment centers as well as iconic destinations such as LACMA, the Academy Museum of Motion Pictures, The Grove, Hancock Park, and surrounding retail and dining districts. This central positioning continues to drive consistent rental demand from a broad tenant base seeking convenience and accessibility. Mid-City remains a highly supply-constrained submarket with enduring investor interest, supported by its strategic location and long-standing rental stability. The area continues to attract both renters and investors due to its proximity to major job clusters and its established residential character. This asset is ideally suited for long-term investors seeking stable income with future upside potential through natural rent growth and market appreciation. 1288 West Blvd represents a compelling opportunity to acquire a centrally located four-unit property in one of Los Angeles’ most resilient and strategically positioned rental markets .A spacious attached 4-car garage (approximately 800 SF) offers excellent value-add potential and may provide an opportunity for future ADU conversion or additional living space, subject to buyer verification and City of Los Angeles approval.

1288 West, Los Angeles

$1,850,000

DW26085689 MLS ⋅ Active Status

Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential. The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time. Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors. A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating 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.