Hancock Park-Wilshire (C18) Land for Sale

Welcome to Hancock Park-Wilshire, a vibrant gem nestled in the heart of Los Angeles, California. This historic neighborhood is renowned for its stunning architecture, tree-lined streets, and a rich tapestry of cultural diversity. As part of the greater Los Angeles area, Hancock Park-Wilshire offers an enviable blend of urban sophistication and suburban charm, making it an ideal location for those seeking to invest in land.

The region boasts a unique mix of early 20th-century homes and modern developments, creating a picturesque backdrop for any new construction or investment opportunity. With its proximity to renowned schools, parks, and cultural institutions, residents enjoy a lifestyle that balances convenience and leisure. The area is also home to an array of dining options, boutique shops, and entertainment venues, ensuring that there’s always something to explore.

For prospective buyers, the availability of land for sale in Hancock Park-Wilshire presents a rare opportunity to become part of this dynamic community. Whether you envision building your dream home or developing a commercial space, the possibilities are as expansive as the neighborhood itself. With a strong sense of community and a commitment to preserving its historical character, Hancock Park-Wilshire is not just a place to live; it’s a place to thrive.

Investing in land here means more than just acquiring property; it’s about embracing a lifestyle steeped in culture and history while enjoying the conveniences of modern living. Discover the charm of Hancock Park-Wilshire and seize the opportunity to create your own legacy in one of Los Angeles’ most desirable neighborhoods.

Newest Hancock Park-Wilshire (C18) Land for Sale

$1,395,000

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 Pl, Los Angeles

Courtesy of Coldwell Banker Realty, Vangelis Korasidis - CA DRE#01222626

$4,200,000

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 Ave, Los Angeles

Courtesy of Keller Williams Beverly Hills, Jordan Petito - CA DRE#02023714

$1,199,000

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 Pl, Los Angeles

Courtesy of Rodeo Realty, Matthew Paul - CA DRE#01394372

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