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4680 Wilshire BlvdLos Angeles, CA 90010
The Hancock
Asset ClassMixed Use
Square Feet184,819
# Units: 65# Stories: 8Site Area: 91.73 K Sq. FtAccess Data Room
Fully Entitled Residential Condominium Conversion Opportunity with Value-Add Office
overview of deal

Overview

OFFERS DUE 5/15

 

Colliers presents the opportunity to acquire a fee-simple interest in The Hancock (the “Property” or “4680 Wilshire”), a 184,819-square-foot fully entitled, mixed-use, residential 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 redevelopment plans, an investor has the opportunity to undertake a residential condominium redevelopment without entitlement risk that would garner considerable residential demand and capture office user interest with the newest product in the market.

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Investment Highlights

Fully Entitled Residential Condominium Opportunity

Luxurious Hancock Park Locale

World-Class Entertainment and Cuisine

Stablilized Office Rents From Reduced Supply

Transfer Tax Mitigation Through Condo Conversion

Convenient Access to Public Transportation

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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
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Listing provided by Revere CRE