28-Unit Multifamily
2505 Hancock Los Angeles, CA 90031
New
2505 Hancock, Los Angeles, CA, 90031
$7,388,888
For Sale
$7,388,888
28-unit multifamily property built in 1985 with a roof overlay and unit electrical sub-panel replacements.
Days on Market2
Property Features for 2505 Hancock
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1985
Listing agency
(213) 225-7242
Listed by
Everett Wong
(213) 225-7242
Source
Elliman
Added: Jul 22 Updated: Jul 23 at 3:25AM Checked: Jul 23 at 3:25AM
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 Everett Wong
Investment Insights
Based on property information with market context.
This 28-unit multifamily property was built in 1985 and is offered for sale. Ownership has completed notable capital improvements, including a new roof overlay and replacement of electrical sub-panels for all units, which may help reduce near-term future capital needs.
Approximately half of the units include two-story loft layouts with expansive private patios. The property is subject to California’s AB 1482 statewide rent control regulations rather than the City of Los Angeles Rent Stabilization Ordinance. BikeScore is 33 (Somewhat Bikeable), walkScore is 60 (Somewhat Walkable), and transitScore is 55 (Good Transit).
Positioned in the Lincoln Heights area, the property is described as being near major employment centers, including LAC+USC Medical Center, Keck Medicine of USC, and California State University, Los Angeles.
Approximately half of the units include two-story loft layouts with expansive private patios. The property is subject to California’s AB 1482 statewide rent control regulations rather than the City of Los Angeles Rent Stabilization Ordinance. BikeScore is 33 (Somewhat Bikeable), walkScore is 60 (Somewhat Walkable), and transitScore is 55 (Good Transit).
Positioned in the Lincoln Heights area, the property is described as being near major employment centers, including LAC+USC Medical Center, Keck Medicine of USC, and California State University, Los Angeles.
Key Highlights
- 28‑unit multifamily property built in 1985 in the Lincoln Heights area of Northeast Los Angeles
- Recent capital improvements include a new roof overlay and replacement of electrical sub‑panels for all units
- Approximately half the units feature two‑story loft layouts with expansive private patios
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 28-unit multifamily property built in 1985 with a roof overlay and unit electrical sub-panel replacements.
Where is this apartment building located?
The property is located at 2505 Hancock Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,388,888.
What are key features of this property?
This property features: 28‑unit multifamily property built in 1985 in the Lincoln Heights area of Northeast Los Angeles; Recent capital improvements include a new roof overlay and replacement of electrical sub‑panels for all units; Approximately half the units feature two‑story loft layouts with expansive private patios
