Hancock Park-Wilshire (C18) Land for Sale

Hancock Park-Wilshire (C18) Land for Sale

Welcome to Hancock Park-Wilshire, one of Los Angeles' most coveted neighborhoods, where history, charm, and modern living converge. Nestled in the heart of Los Angeles County, this vibrant community is known for its stunning architecture, tree-lined streets, and a rich cultural tapestry that reflects the city's diverse heritage.

Hancock Park-Wilshire boasts a unique blend of vintage charm and contemporary conveniences. The area is home to an array of beautiful homes, many of which are historic landmarks showcasing the exquisite craftsmanship of the early 20th century. Residents enjoy a peaceful suburban atmosphere while being just a stone’s throw away from the bustling energy of downtown Los Angeles, making it an ideal location for those seeking both tranquility and accessibility.

For those looking to invest, we currently have land for sale in this desirable area. This is a rare opportunity to secure a piece of Hancock Park-Wilshire, where you can build your dream home or develop a property that reflects your vision. The land is conveniently situated near top-rated schools, trendy boutiques, and a variety of dining options, ensuring that everything you need is within reach.

As you explore the possibilities, envision the lifestyle you could create in this enchanting neighborhood. With its rich history, vibrant community spirit, and prime location, Hancock Park-Wilshire is not just a place to live; it’s a place to thrive. Don’t miss your chance to be part of this extraordinary community—your future begins here!

Newest Hancock Park-Wilshire (C18) Land for Sale

$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

Start Your Search

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.