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Listed by: Everett Wong (310) 439-5790 DRE #01991247 | Kidder Mathews of California (949) 557-5000
$7,388,888
Monthly Est:$36,777
10 Beds
7 Baths
17,925sqft
2505 Hancock, Los Angeles, CA 90031
$7,388,888
$36,777/moEst:
Get Pre-Approved
Mixed Use
Built in 1985
$-- HOA
13,653 sqft lot
$412/sq.ft
Description
We are pleased to present 2505 Hancock Street—a rare opportunity to acquire a 28-unit multifamily asset with significant capital improvements in the heart of Lincoln Heights, one of Northeast Los Angeles' most dynamic rental submarkets. This property is offered at an attractive 9.9x GRM and 6.3% Cap Rate. Built in 1985, the property is subject to California's AB 1482 statewide rent control regulations rather than the City of Los Angeles Rent Stabilization Ordinance. Ownership has completed significant capital improvements, including a new roof overlay and replacement of electrical sub-panels for all units, substantially reducing future capital expenditure requirements....
Continue Reading- Houzeo last checked: 7 minutes ago
- Listing updated: July 21, 2026 at 10:29 pm
- Source: California Regional MLS-CA | MLS#: PW26155563
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1985
HOA Fees
-
Finished Area
17,925 sqft
Lot Size
13,653 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26155563
MLS Status
Active
Days on Market
65
Cumulative Days on Market
5
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 7
Interior
Sewer
Public Sewer
Utilities & Energy
Parking Features
Controlled Entrance
Pool Features
None
Water Source
Public
Laundry Features
Common Area
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Urban
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Listed for Sale | $7,388,888 $412/sqft |
Lincoln Heights Ranks #195 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 10:31PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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