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Detached Fourplex Bungalow Homes
For Sale
$785,000

2229 Hancock ST, Los Angeles, CA 90031

Four detached homes on an LARD3-zoned lot with a wide central driveway and dedicated two-car parking for each unit.

Property Size2,394 SF
Lot Size0.23 Acres
Price / SF$327.90
Days on Market102

Property Features for 2229 Hancock ST

General Information

Standard status Active
Size 2,394 SF
Total Parking Spaces 8
Lot size 0.23 Acres
Property subtype MULTI_FAMILY
Zoning LARD3

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Building Size 2,394 SF
Year Built 1920
Listing Agency: KELLER WILLIAMS LARCHMONT
Listed By: JOSEPHINE SAN LUCAS · License #01308257
Source: Milsteinestates
Added: May 27 Changed: Sep 4 Last Checked: Aug 15 at 5:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS LARCHMONT

Investment Insights

Based on property information with market context.

This Lincoln Heights fourplex includes four detached, standalone bungalow-style homes, each separated by its own structure. The property currently has one unit delivered vacant, with the remaining three units occupied. Unit mix consists of one 2-bedroom home and three 1-bedroom homes, totaling approximately 2,394 square feet of living space.

Set on an expansive 9,899 square-foot LARD3-zoned lot, the property features a wide central driveway designed to support access across the site. Each home includes dedicated two-car parking.

Conveniently located with access to major regional freeways, the property is described as being minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, and USC Medical Center, with nearby dining, nightlife, and cultural destinations throughout Northeast Los Angeles.

Key Highlights

  • Four detached standalone bungalow‑style homes on a 9,899 sq ft LARD3‑zoned lot
  • 1920‑built property with a mix of one 2‑bedroom unit and three 1‑bedroom units
  • Approx. 2,394 sq ft total living area across all units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Tech Support Center HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,792
Businesses Nearby

Demographics for 90031, CA

37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four detached homes on an LARD3-zoned lot with a wide central driveway and dedicated two-car parking for each unit.
Where is this quadplex located?
The property is located at 2229 Hancock ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Four detached standalone bungalow‑style homes on a 9,899 sq ft LARD3‑zoned lot; 1920‑built property with a mix of one 2‑bedroom unit and three 1‑bedroom units; Approx. 2,394 sq ft total living area across all units
More about this property
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