2505 Hancock, Los Angeles, CA 90031

Los Angeles
Local realty services provided by:ERA Donahoe Realty
2505 Hancock,Los Angeles, CA 90031
$7,388,888
  • - Beds
  • - Baths
  • 17,925 sq. ft.
  • Multi-family
  • Active
Listed by: everett wong
Office: kidder mathews of california949-557-5000
MLS#:PW26155563
Source:CRMLS

Price summary

  • Price:$7,388,888
  • Price per sq. ft.:$412.21

About this home

We are pleased to present 2505 Hancock Street—a rare opportunity to acquire a 28-unit multifamily asset with significant capital improvements in the heart of Lincoln Heights, one of Northeast Los Angeles' most dynamic rental submarkets. This property is offered at an attractive 9.9x GRM and 6.3% Cap Rate. Built in 1985, the property is subject to California's AB 1482 statewide rent control regulations rather than the City of Los Angeles Rent Stabilization Ordinance. Ownership has completed significant capital improvements, including a new roof overlay and replacement of electrical sub-panels for all units, substantially reducing future capital expenditure requirements. Approximately half of the units feature desirable two-story loft layouts with expansive private patios. Ideally positioned near major employment centers, including LAC+USC Medical Center, Keck Medicine of USC, and California State University, Los Angeles, the property benefits from a deep and diverse tenant base...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1985
  • Listing ID #:PW26155563
  • Added:26 day(s) ago
  • Updated:August 12, 2026 at 11:16 AM

Rooms and interior

  • Living area:17,925 sq. ft.

Structure and exterior

  • Year built:1985
  • Building area:17,925 sq. ft.
  • Lot area:0.31 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,388,888
  • Price per sq. ft.:$412.21

Parking

  • Total parking spaces:29
  • Parking description:Controlled Entrance
  • Garage:Yes
  • Garage spaces:29
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA Donahoe Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Donahoe Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 2505 Hancock