Hancock Park-Wilshire (C18) Land for Sale

Hancock Park-Wilshire (C18) Land for Sale

Welcome to Hancock Park-Wilshire, a gem nestled in the heart of Los Angeles, California. This vibrant neighborhood effortlessly blends historic charm with modern sophistication, making it one of the most desirable places to call home in the City of Angels. Known for its stunning tree-lined streets, Hancock Park-Wilshire boasts an array of architectural styles, from stately Craftsman homes to elegant Mediterranean estates, each telling a story of the area’s rich history.

As you explore this enchanting community, you’ll discover a wealth of amenities that cater to a variety of lifestyles. Trendy boutiques, gourmet restaurants, and cozy cafes are just a stone's throw away, while the nearby Wilshire Boulevard offers easy access to cultural landmarks like the Los Angeles County Museum of Art (LACMA) and the iconic La Brea Tar Pits. Families will appreciate the proximity to top-rated schools and parks, creating an inviting environment for all ages.

For those looking to invest in the future, land for sale in Hancock Park-Wilshire presents an exciting opportunity. With its prime location and a growing demand for real estate, this area is ripe for development. Whether you envision building your dream home or a stylish multi-family residence, the possibilities are endless.

In Hancock Park-Wilshire, you’re not just buying land; you’re investing in a lifestyle that celebrates community, culture, and the quintessential Southern California experience. Don’t miss your chance to be part of this thriving neighborhood—your perfect piece of Los Angeles awaits!

Newest Hancock Park-Wilshire (C18) Land for Sale

$4,200,000
26842135 MLS
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 Ave, Los Angeles

Courtesy of Keller Williams Beverly Hills, Jordan Petito - CA DRE#02023714

$4,200,000
26842135 MLS
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

Listing courtesy of Listing Agent: Jordan Petito (jordan@petitocre.com) from Listing Office: Keller Williams Beverly Hills.

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Based on information from CRISNet MLS as of 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.