Hancock Park-Wilshire (C18) Land for Sale

Welcome to Hancock Park-Wilshire, a vibrant and historic neighborhood nestled in the heart of Los Angeles. Known for its tree-lined streets, stunning architecture, and a rich tapestry of cultural diversity, this area offers a unique blend of urban sophistication and suburban charm. With its proximity to Downtown LA and its array of amenities, Hancock Park-Wilshire is a sought-after locale for those seeking the quintessential Los Angeles lifestyle.

As you explore this enchanting neighborhood, you’ll discover a delightful mix of residential options, including beautiful single-family homes, elegant apartments, and luxurious condominiums. The area boasts an impressive selection of parks, boutique shops, and gourmet restaurants, making it a perfect spot for families and young professionals alike. Notable landmarks include the historic Wilshire Boulevard Temple and the iconic Los Angeles County Museum of Art (LACMA), which serve as cultural cornerstones for the community.

For those considering an investment opportunity, there is land for sale in Hancock Park-Wilshire, presenting a rare chance to build your dream home or develop a project that aligns with the neighborhood’s charm and character. With the ongoing growth and revitalization of the area, investing in land here not only promises a bright future but also allows you to become a part of a thriving and welcoming community.

Whether you’re looking to immerse yourself in the local culture, enjoy the lush greenery of nearby parks, or simply relish the beauty of historic architecture, Hancock Park-Wilshire is a neighborhood that captures the essence of Los Angeles living. Don’t miss your chance to be a part of this extraordinary community!

Newest Hancock Park-Wilshire (C18) Land for Sale

$1,650,000

PW26135512 MLS ⋅ Active Status

RTI PERMITS IN PLACE. Rare ground-up multifamily development opportunity in Hancock Park. 4915 Elmwood is a 6,803 SF R3-1 lot with a planned 18-unit, two-building, 8,242 SF project. Front building: 3 stories, 8 apartments (mix of 1BR, 1BR+Den, and 2BR), most with private patios or shared roof deck. Rear building: 2 stories, 2 detached ADUs plus 6 permitted recreation rooms, designed for post-Certificate of Occupancy conversion to 6 additional ADUs, bringing the project to 18 units total under California state ADU law. All-electric, rooftop solar, individually submetered. No elevator. Delivered outside LA's Rent Stabilization Ordinance as new construction. Currently improved with a 1920s Craftsman SFR and garage, delivered vacant and 'as is' at close of escrow. Quiet tree-lined residential street, minutes to Larchmont Village's shops and restaurants. Full plans and entitlement file available to qualified buyers. Buyer to independently verify all material facts with LADBS and the City of Los Angeles.

4915 Elmwood, Los Angeles

$1,395,000

26849997 MLS ⋅ Active Status

Desirable vacant residential development site opportunity. Spacious corner lot on Wilton and Beverly Boulevard. Lot/Parcel calculated to 6,939.2 ft. Zone R3-1 with general plan land use for medium residential.

250 N Wilton Place, Los Angeles

$4,200,000

26842135 MLS ⋅ Active Status

We are pleased to present the opportunity to acquire 1050 & 1056 S Norton Avenue, a 102-unit, 100% affordable apartment development site located in Los Angeles' Mid-Wilshire / Olympic Park submarket within the Country Club Park HPOZ. The project is situated on an approximately 18,533 SF lot in a central Los Angeles infill location near Mid-Wilshire, Koreatown, Hancock Park, and the greater Wilshire corridor. The proposed development is designed as a 5-story, Type III-A residential apartment building consisting of 102 total units, approximately 33,833 SF of rentable area, and approximately 42,908 SF of proposed building area. The project is being developed under Executive Directive 1 as a 100% affordable housing project pursuant to AB 1763 and AB 2345, allowing for unlimited density and zero parking within proximity to a major transit stop. The project benefits from significant development incentives, including zero parking, additional height allowances, and FAR increase. The plans also reference off-menu incentives for a 100% reduction in open space and tree reduction subject to approval. Located within an established residential neighborhood, the site provides strong access to transit, employment centers, retail, and daily amenities throughout Central Los Angeles. With a large combined lot, 102-unit affordable housing program, and ED1 entitlement pathway, this offering presents a strong opportunity for developers seeking scale in a supply-constrained Los Angeles market.

1050 S Norton Avenue, Los Angeles

$1,199,000

25589527 MLS ⋅ Active Status

933 South Gramercy Place offers a prime ground-up multifamily development opportunity in Los Angeles' thriving Mid-City/Koreatown corridor. This vacant parcel is zoned LAR3 on a 7,506 square foot lot and benefits from TOC Tier 3 incentives, allowing for a density bonus above the base zoning while reducing parking and setback requirements. Previously approved plans for CONSTRUCTION OF NEW 17-UNIT, 6-STORY 67-FEET IN HEIGHT, 16,373 SF APARTMENT BUILDING. The proposed program capitalizes on transit-oriented incentives, minimizing hard costs tied to subterranean parking and aligning with the city's sustainable urban growth objectives. 933 South Gramercy Place is a strategically positioned, clean land play with a clear entitlement path, strong rental demand drivers, and conceptual plans available for investor review. This is a compelling opportunity for developers and investors seeking to place capital in one of Los Angeles' strongest rental growth markets, with the framework in place to deliver a high-performing multifamily asset and generate substantial long-term returns. BRING ALL OFFERS!

933 S Gramercy Place, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.