Entitled Mixed-Use Project in Los
4680 Wilshire Blvd, Los Angeles, CA 90010
Fully entitled mixed-use project with Ready-To-Issue plans available.
Type:Multifamily
Property size:
185,536 SFLot size:
2.10 Acres- Added:
- Mar 25, 2026
- Days on Market:
- 54
- Last Refresh:
- Mar 25 at 8:45 pm
Property Features for 4680 Wilshire Blvd
General Information
- Standard status
- Active
- Size
- 185,536 SF
- Lot size
- 2.10 Acres
- Property subtype
- Multifamily
Listing agent Ryan Plummer License #CA 01765854
Listing office Newmark
Listing date Mar 25, 2026
Source Crexi
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 Newmark
HighLights
- Ready‑To‑Issue (RTI) plans for a 185,536 NRSF mixed‑use project, significantly reducing development time and risk.
- Prime location in the prestigious Hancock Park neighborhood, known for its affluence and desirable lifestyle.
- Approved for conversion to 100% residential use under the Citywide Adaptive Reuse Ordinance (ARO), offering flexibility for sale or rent.
- Opportunity to develop up to ~190 residential units.
- Situated on a 2.10‑acre site surrounded by iconic restaurants, shops, and entertainment venues.
- Benefits from the area's wealthy demographic, with an average net worth exceeding $1 million within a mile, supporting premium residential pricing.
Overview
The Hancock property, located at 4680 Wilshire, presents an opportunity to acquire a fee-simple interest in a 185,536 NRSF fully entitled, mixed-use, residential project with Ready-To-Issue (RTI) plans. Situated on a 2.10-acre site between Fremont Place in Hancock Park and the Brookside community, the property is located within a prestigious and desirable Los Angeles neighborhood, surrounded by restaurants, shops, and entertainment venues. The building will be delivered with fully-approved redevelopment plans, allowing an investor to bypass the entitlement process and capitalize on residential demand. The City’s new citywide Adaptive Reuse Ordinance (ARO) allows the project to be converted to 100% residential, either for sale or rent. Hancock Park is known for its wealthy and educated demographic, with an average net worth exceeding $1 million within a mile of the property, commanding premium pricing for residential space. The neighborhood offers a refined lifestyle, featuring the Wilshire Country Club and convenient access to The Grove, the Los Angeles County Museum of Art, and dining options in Larchmont Village and Koreatown. A residential conversion is well-positioned to capture interest from those who desire to live in Hancock Park. With seismic retrofit and redevelopment plans already approved and RTI plans, an investor can undertake a residential redevelopment without entitlement risk. The recently approved Los Angeles Citywide Adaptive Reuse Ordinance (ARO) provides investors with multiple residential re development options and the opportunity to revisit the existing entitlements in a by-right, ministerial process to convert the entitled office space to residential, potentially developing up to ~190 units.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Seguros Farmers
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.33112
- Latitude
- 34.0618
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Fully entitled mixed-use project with Ready-To-Issue plans available.
Where is this commercial land located?
The property is located at 4680 Wilshire Blvd Los Angeles, CA.
What are key features of this property?
This property features: Ready‑To‑Issue (RTI) plans for a 185,536 NRSF mixed‑use project, significantly reducing development time and risk.; Prime location in the prestigious Hancock Park neighborhood, known for its affluence and desirable lifestyle.; Approved for conversion to 100% residential use under the Citywide Adaptive Reuse Ordinance (ARO), offering flexibility for sale or rent.
