Hancock Park-Wilshire (C18) Land for Sale

Hancock Park-Wilshire (C18) Land for Sale

Welcome to Hancock Park-Wilshire, a vibrant gem nestled in the heart of Los Angeles, California. Known for its rich history and stunning architectural diversity, this charming neighborhood offers a delightful blend of classic elegance and modern convenience. With tree-lined streets and beautifully landscaped gardens, Hancock Park-Wilshire is perfect for those seeking a serene environment while still being close to the excitement of the city.

This area is renowned for its striking homes, many of which showcase the grandeur of the early 20th century, reflecting various architectural styles from Spanish Revival to Tudor. Residents enjoy a strong sense of community, with numerous parks and recreational facilities, making it an ideal place for families and young professionals alike. The neighborhood is also conveniently located near cultural landmarks, trendy boutiques, and a plethora of dining options that cater to every palate.

For those considering a move to Hancock Park-Wilshire, there’s an exciting opportunity with land for sale in this desirable area. Imagine the potential of building your dream home or investment property in a location that boasts both historical charm and modern amenities. With easy access to major freeways and public transportation, you’re just a short drive away from downtown Los Angeles, Hollywood, and the iconic beaches of Southern California.

Whether you’re looking to settle down or invest in a thriving community, Hancock Park-Wilshire is a neighborhood that promises a lifestyle of comfort, convenience, and endless possibilities. Don’t miss your chance to be a part of this enchanting area—explore the land for sale today and start envisioning your future in this Los Angeles treasure!

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

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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.