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$3,650,000

FOR SALE
Active

720 S Plymouth Boulevard

Los Angeles, CA

MLS# 26866043

14,410 Sq Ft21bd • 21ba
100 days on marketNalren refreshed

Listing Agent

Neema Ahadian

Listing Agent

Marcus & Millichap

DRE #: 01346750

(310) 909-5500

Brokerage: Marcus & Millichap

Property Details

21

Bedrooms

21

Bathrooms

14,410 sqft

Square Feet

1955

Year Built

0.3 acres

Lot Size

$253

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

We are pleased to present 720 S Plymouth Boulevard, a 17-unit multifamily investment opportunity located in the Hancock Park-adjacent area of Los Angeles. Built in 1955, the property spans approximately 14,410square feet on a 13,004 SF lot. An attractive unit mix of one single, twelve one-bedrooms, and four two-bedrooms/1.5-bath appeals to a wide range of renter profiles. The property offers a gated entrance with an intercom system and subterranean parking featuring 16 single spaces, a strong amenity for the submarket. A spacious central courtyard provides common areas for tenants, anchoring the property's overall livability and curb appeal. Interior walkways present the potential to be converted into private patios and balconies offering a future owner a value-add opportunity to enhance unit appeal. Additionally, upside may be pursued by converting the existing basement storage into an ADU (buyer to verify).Units are cooled by a combination of window and wall AC units, and the property is separately metered for gas and electric. On-site community laundry, equipped with two washers and two dryers, generates in-place ancillary income, with notable additional upside available through renting out more storage to tenants. Offered at $3,950,000 ($232,353/unit, $274/SF), reflecting a 5.84% current cap rate and9.82 GRM on in-place income. Windsor Village offers investors a rare opportunity to acquire in one of Los Angeles' most architecturally distinct and historically intact residential districts. With clearly defined boundaries and a strong neighborhood identity anchored by Harold A. Henry Park, the submarket combines timeless appeal with proven long-term desirability.

Facts & Features

Building

Year Built
1955
Living Area
14,410 sqft
Building Area Total
14,410
Levels
Two
Stories Total
2

Utilities

Heating
None
Cooling
None

Parking

Parking Features
None
Parking Total
16

Community / HOA

HOA
No

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