CA > Los Angeles
Los Angeles, CA 90005,701 Lorraine Blvd
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Los Angeles, CA 90005,701 Lorraine Blvd
Los Angeles, CA 90005,701 Lorraine Blvd
Los Angeles, CA 90005,701 Lorraine Blvd
Los Angeles, CA 90005,701 Lorraine Blvd
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Scott Goshorn

Scott Goshorn

+1(323) 251-5479
$ 2,590,000
Est. payment /mo
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Active

701 Lorraine Blvd Los Angeles, CA 90005

8 Beds

8 Baths

5,218 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,218 sqft

Price per Sqft $496

MLS Listing ID 25547871

Bedrooms 8

Year Built 1936

Lot Size 7,312 Sqft

Acres 0.1679

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer

Laundry Laundry Area

Exterior

Parking Features Assigned, Covered Parking, Private, On street

Garage Spaces 4.0

Pool None

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Realty
agent

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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