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

14,410 SqFt


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

14,410 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 14,410 sqft

Price per Sqft $274

MLS Listing ID CL26866043

HOA Y/N No

Year Built 1955

Lot Size 0.299 Acres

Acres 0.2985

Property Sub-Type Other

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

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 5090030011

Bridge MLS
Listed by Neema Ahadian • Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent | License ID: 02055089

+1(925) 206-9799

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720 S Plymouth Boulevard