2229 Hancock Street Los Angeles, CA $ 785,000
2229 Hancock Street
$ 785,000
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2229 Hancock Street

Los Angeles, CA, 90031
$ 785,000
Baths1.0 Sq 2,394

Monthly Estimate*

$ 4,833

Listed by KELLER WILLIAMS LARCHMONT
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Studio

Single Family Home for sale in Los Angeles, CA

for $785,000 with 1 full bath. This 2,394 square foot home was built in 1920 on a lot size of 0.2272.

Lincoln Heights fourplex , rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential with the possibility of Delivering 1 Unit VACANT and Future Owner establishing Residency in the 2 bedroom unit ! The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence while utilizing the rental income to offset mortagage. Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways.

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Single Family Active

Price

$ 785,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.2272

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

MB26111570

Days on Market

5

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Roof Composition
Appliances GasCooktop GasRange
HOA Fee 0
Garage Spaces 0
Architectural Style Bungalow Contemporary
Pool Features None
Year Built 1920
Tenant Pays Electricity Gas
View Landmark Neighborhood
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 42840
Community Features Biking StreetLights Sidewalks Urban Park
Accessibility Parking
County Los Angeles
Net Operating Income 29020
Operating Expense 13812
Insurance Expense 4000
New Construction false
Property Type ResidentialIncome
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North of Main st. near ave. 26 and Broadway
City Los Angeles
Disclosures Historical
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 677 - Lincoln Hts
Lot Size Units SquareFeet
Lot Size Square Feet 9899
Number of Units Leased 4
Listing Terms Contract Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 1800
Water Sewer Expense 1800
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Total Actual Rent 3570
Property Sub Type Additional Quadruplex
Taxes 9812
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Interior
Interior Amenities AllBedroomsDown
Flooring Laminate Vinyl
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Window Features Screens
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Assigned Driveway
Lot Features FrontYard NearPark NearPublicTransit Walkstreet
Water Source Public
Total Parking 0
Lot Size Area 9899
Number of Buildings 4
Spa false
Building Area Total 2394
Lot Size Acres 0.2272
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Keller Williams Larchmont

Broker

JOSIESANLUCAS@HOTMAIL.COM

Email

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$4,833
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Monthly Principal & Interest
$4,833
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$785,000 Listed Price

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2229 Hancock Street, Los Angeles, CA, 90031 is a Single Family Home for sale at $785,000 with 2,394 sqft and a lot size of 0.2272. 2229 Hancock Street is a studio with 1.0 baths and was built in 1920. The property's zip code is 90031 which is in Los Angeles, CA