- – beds
- – baths
- – sqft
- 7,312 sqft lot
- 1936 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 4, 2025
•
MLS# 25547871 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1936
-
New Construction:No
-
Building Area Total:5218.00
-
Total Number Of Units:4
-
# of Buildings:1
-
Stories Total:2
Interior
-
Levels:One
-
Laundry:Washer Included, Dryer Included
-
Laundry:1
Location
-
Directions:1/2 Block South of Wilshire Blvd. West of Crenshaw Blvd. Hancock Park.
-
Latitude:34.06067700
-
Longitude:-118.32113900
The Property
-
Property Type:Residential Income
-
Zoning:LAR3
-
Lot Size Area:7312.0000
-
Lot Size Acres:0.1679
-
Lot Size SqFt:7312.00
-
Lot Size Source:Assessor
-
Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5090031018
Appliances
-
Appliances:Dishwasher, Disposal, Microwave, Refrigerator
-
Included:Yes
The Community
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Assigned, Covered, Private, Street
-
Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/3/25
Jun 3, 2025
|
Listed / Active | CRMLS_CA | $2,590,000 | 26.3% (3.8% / YR) |
8/18/24
Aug 18, 2024
|
Listed / Active | BRIDGE | ||
6/5/23
Jun 5, 2023
|
Listed / Active | BRIDGE |