$2,189,000
$210K PRICE DROP

Estimated payment $12,661/month

Total Views 38,338
6 Beds
4 Baths
4,563 Sq Ft
$480 Price per Sq Ft

Highlights

  • Views of Trees
  • Wood Flooring
  • Home Office
  • Cathedral Ceiling
  • Tuscan Architecture
  • Covered Patio or Porch

About This Home

Rare Opportunity!!! First time on The Market in more than 30 YEARS!!! Income Property (Duplex 418 & 420) Located in one of the Most Desirable Los Angeles neighborhoodsHancock Park. LOWER UNIT Features Timeless Character with Updated Kitchen, Stylish Hardwood Flooring, 3 Bedrooms, 2 Baths, Elegant Living Room, Custom Fireplace and a Formal Dining Room. UPPER UNIT Features Hardwood Flooring, 3 Bedrooms, 2 Baths, Fireplace and a versatile Dining Room/Office Space with Private Balcony. Both Units offer Generous Layouts, Abundant Natural Light with Amazing Details. This Prime Location Duplex offers a Generational Asset Investment Opportunity, Excellent Curb Appeal with Drought-Tolerant Landscaping. 3 on-site Garages that present an opportunity for ADU Conversion Potential. Perfect for Owner/User or Savvy Investor. Hurry on This One!!!

Listing Agent

William Preston Bowling

Sotheby's International Realty License #01393337 Listed on: 09/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,430 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Historic Home

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Driveway

Home Design

  • Duplex
  • Tuscan Architecture
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 4,563 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • French Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Library
  • Wood Flooring
  • Views of Trees
  • Partial Basement

Kitchen

  • Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Heating
  • Property is located within a water district
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5524-029-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Tuscan
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Rare Opportunity!!! First time on The Market in more than 30 YEARS!!! Income Property (Duplex 418 & 420) Located in one of the Most Desirable Los Angeles neighborhoodsHancock Park. LOWER UNIT Features Timeless Character with Updated Kitchen, Stylish Hardwood Flooring, 3 Bedrooms, 2 Baths, Elegant Living Room, Custom Fireplace and a Formal Dining Room. UPPER UNIT Features Hardwood Flooring, 3 Bedrooms, 2 Baths, Fireplace and a versatile Dining Room/Office Space with Private Balcony. Both Units offer Generous Layouts, Abundant Natural Light with Amazing Details. This Prime Location Duplex offers a Generational Asset Investment Opportunity, Excellent Curb Appeal with Drought-Tolerant Landscaping. 3 on-site Garages that present an opportunity for ADU Conversion Potential. Perfect for Owner/User or Savvy Investor. Hurry on This One!!!
  • Entry Location: Foyer
  • Living Area: 4563
  • Lot Acreage: 0.1706
  • Probate: No
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement - Partial, Cathedral-Vaulted Ceilings, Crown Moldings
  • Number Carpet: 2
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Hardwood, Mixed
  • Appliances: Cooktop - Gas, Oven, Range Hood
  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Remodeled
  • Laundry: Room, Inside, In Unit, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Garbage Disposal, Refrigerator, Range/Oven
  • Price Per S Q F T: 479.73

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Other Features: Balcony, French Doors, Historical, Two On A Lot
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Number Patio: 1
  • Patio: Porch - Front
  • Pool: No
  • Roof: Composition, Tile
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 3
  • Garage Structures: 1
  • Number Rented Garages: 2
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 5

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish - Leased
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Sewer: In Street
  • Water: District, Public, Water District
  • Water Expense: 1200.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2000.00
  • Trash Expense: 250.00

Lot Info

  • Assessed Improvement Percent: 50.00
  • Assessed Improvement Value: 552601
  • Assessed Land Percent: 50
  • Assessed Land Value: 552601
  • Total Assessed Value: 1105202
  • Assessor Parcel Number: 5524-029-009
  • Lot Description: Fenced Yard, Sidewalks, Yard
  • Lot Location: City
  • Lot Size Area: 7430

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 92424.00
  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gardener, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 1
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 3000.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,896 $1,127,306 $563,653 $563,653
2024 $13,896 $1,105,202 $552,601 $552,601
2023 $13,636 $1,083,532 $541,766 $541,766
2022 $13,018 $1,062,288 $531,144 $531,144
2021 $12,838 $1,041,460 $520,730 $520,730
2019 $12,461 $1,010,572 $505,286 $505,286
2018 $12,301 $990,758 $495,379 $495,379
2016 $11,732 $952,288 $476,144 $476,144
2015 $11,563 $937,984 $468,992 $468,992
2014 -- $919,612 $459,806 $459,806
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Price Changed $2,189,000 -0.5% $480 / Sq Ft
11/12/2025 11/12/25 Price Changed $2,199,000 -4.3% $482 / Sq Ft
10/14/2025 10/14/25 Price Changed $2,299,000 -4.2% $504 / Sq Ft
09/17/2025 09/17/25 For Sale $2,399,000 -- $526 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Title 365
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $427,000 No Value Available
Previous Owner $432,000 No Value Available
Source: Public Records

About the Listing Agent

William Preston Bowling

Sotheby's International Realty

(855) 416-5358

Section Image

I'm an expert real estate agent with Sotheby’s International Realty in Malibu, CA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: The MLS

MLS Number: 25593887

The MLS

APN: 5524-029-009