720 S Plymouth BLVD, Los Angeles, CA 90005
720 S Plymouth BLVD, Los Angeles, CA 90005
720 S Plymouth BLVD, Los Angeles, CA 90005
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Chris Mardelli

Chris Mardelli

+1(310) 571-5761
$3,950,000
Est. payment /mo
21 Beds
21 Baths
14,410 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 14,410 sqft

Price per Sqft $274

MLS Listing ID 26866043

Bedrooms 21

HOA Y/N No

Year Built 1955

Lot Size 0.298 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 16

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5090030011

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Neema Ahadian Marcus & Millichap #01346750
Nearby Schools & Businesses

 

GET IN TOUCH

${companyName}

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761 | chris@therealupside.com

First Name
Phone Number
Your Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mardelli, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour this Home!

720 S Plymouth BLVD

Quick Search Links
 
More