Executive Summary

The Neema Group of Marcus & Millichap is 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 14,410 square feet on a 13,004 SF lot.

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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.

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The property offers a gated entrance with an intercom system and subterranean parking featuring 16 single spaces, a strong amenity for the submarket.

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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.

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Additionally, upside may be pursued by converting the existing basement storage into an ADU (buyer to verify).

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Units are cooled by a combination of window and wall AC units, and the property is separately metered for gas and electric.

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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.

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Offered at $3,950,000 ($232,353/unit, $274/ SF), reflecting a 5.84% current cap rate and 9.82 GRM on in-place income.

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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.