720 S Plymouth Blvd, Los Angeles, CA 90005
720 S Plymouth Blvd, Los Angeles, CA 90005
720 S Plymouth Blvd, Los Angeles, CA 90005
720 S Plymouth Blvd, Los Angeles, CA 90005
720 S Plymouth Blvd, Los Angeles, CA 90005
720 S Plymouth Blvd, Los Angeles, CA 90005
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$ 3,950,000
Est. payment | /mo

21 Beds

21 Baths

14,410 SqFt


Save
$ 3,950,000
Est. payment | /mo
Save

21 Beds

21 Baths

14,410 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,410 sqft

Price per Sqft $274

MLS Listing ID 26866043

Bedrooms 21

Year Built 1955

Lot Size 0.299 Acres

Acres 0.2986

Property Sub-Type Multi-Family

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 Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

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720 S Plymouth Blvd