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4680 Wilshire BlvdLos Angeles, CA 90010
The Hancock
Asset ClassMixed Use, Multifamily, Senior Housing
Square Feet185,536
# Stories: 8Site Area: 91.73 K Sq. Ft# Units: 190Access Data Room
Fully Entitled (RTI Plans) Residential Multifamily or Condominium Conversion Opportunity
overview of deal

Overview

Colliers presents the opportunity to acquire a fee-simple interest in The Hancock (the “Property” or “4680 Wilshire”), a 185,536-square-foot fully entitled, mixed-use, residential multifamily or condominium project. Nestled between the storied Fremont Place in Hancock Park and Brookside community, the 2.10-acre site is situated within one of the most prestigious and desirable neighborhoods in Los Angeles and is surrounded by iconic restaurants, shops, and entertainment venues. With approved Citywide Adaptive Reuse redevelopment plans, an investor has the opportunity to undertake a residential multifamily or condominium redevelopment without entitlement risk that would garner considerable residential demand with the newest product in the market.

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Investment Highlights

Fully Entitled Residential Multifamily or Condominium Opportunity

Luxurious Hancock Park Locale

World-Class Entertainment and Cuisine

Potential Transfer Tax Mitigation Through Condo Conversion

Convenient Access to Public Transportation

Potential Tax Savings Through Charitable Contibution of Facade Conservation Easement

 

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4680 Wilshire BlvdLos Angeles, CA 90010
Wilshire Country Club
The Grove
Los Angeles County Museum of Art
Academy Museum of Motion Pictures
Larchmont Village

Contacts

Ryan PlummerExecutive Managing Director(310) 407-6570ryan.plummer@nmrk.com
1140 Bay Street, Suite 4000, Toronto, ON M5S 2B4
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