701 Lorraine Boulevard, Los Angeles, CA 90005
Local realty services provided by:ERA Excel Realty
701 Lorraine Boulevard,Los Angeles, CA 90005
$2,590,000
- 8 Beds
- 8 Baths
- 5,218 sq. ft.
- Multi-family
- Active
Listed by:litta lee
Office:coldwell banker realty
MLS#:25547871
Source:CRMLS
Price summary
- Price:$2,590,000
- Price per sq. ft.:$496.36
About this home
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.
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Home facts
- Year built:1936
- Listing ID #:25547871
- Added:455 day(s) ago
- Updated:September 16, 2025 at 01:22 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Living area:5,218 sq. ft.
Structure and exterior
- Year built:1936
- Building area:5,218 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,590,000
- Price per sq. ft.:$496.36
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