701 Lorraine Boulevard
Los Angeles, CA, 90005
$2,590,000
Beds
0 Baths
SqFt
0.17 Acres
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One of the most beautiful curb appeals. Welcome to 701 Lorraine Blvd, located in the prestigious Hancock Park neighborhood! Surrounded by meticulously maintained landscaping and gardening, this property is truly a sight to behold. This stunning income property offers exceptional curb appeal and is a perfect investment opportunity, generating approximately $150,000 per year in income. Comprised of four spacious 2-bedroom units, this property is updated with hardwood flooring throughout, providing a luxurious touch. Every unit features a cozy fireplace in the living room, creating a warm and inviting ambiance for residents and guests alike. Each unit even has its own separate electric and gas meters, providing convenience and flexibility for tenants. The property has also been updated with copper pipes and electric systems, ensuring efficient and reliable utilities for years to come. This income property offers a prime location with easy access to renowned shopping, dining, and entertainment options. It is also within close proximity to prestigious schools, parks, and other amenities, making it an attractive option for potential tenants. 1 UNIT will be vacant from August 2025.

Property Details

Price:
$2,590,000
MLS #:
25547871
Status:
Active
Baths:
0
Address:
701 Lorraine Boulevard
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Jun 3, 2025
State:
CA
ZIP:
90005
Lot Size:
7,312 sqft / 0.17 acres (approx)
Year Built:
1936
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Interior

Appliances
Dishwasher, Disposal, Microwave, Refrigerator

Exterior

Parking Features
Assigned, Covered, Private, Street
Parking Spots
4.00
Pool Features
None
Spa Features
None
Stories Total
2

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Community

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701 Lorraine Boulevard
Los Angeles, CA