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701 Lorraine Boulevard 4 units — Los Angeles — 8 Beds • 8 Baths • 5,218 Sq Ft | Belmont Brokerage | Belmont Brokerage

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Active

+28 more

$2,390,000

29 DOM

$458/sqft8 bd8 ba5,218 sqft

Call

701 Lorraine Blvd 4 units Los Angeles, CA 90005

7,314sqft lot

Beautiful and charming Hancock Park Windsor Village. Great residential area. Well, maintained 4 units. 2 stories building. Each unit are spacious living room with Bay windows and updated with original chams. 2 units are 2 story town house styles. other 2 units are 1 story open floor plans in the middle of building. Every unit have washer & Dryer. 4 units are separate own electric & gas meters. updated Copper Pipes and electric systems. Hancock Park HPOZ. Drive by only. Please do not disturb tenants. Offer & showings are subject to lender's pre-approval & proof of funds. and 24 hours' notice to show. All 4 units are tenants occupied. Sellers are motivating. call or text to listing agent.

MLS 26657385

310-418-1200 (Office) 310-717-8680 (Cell) annshwang@yahoo.com

Est. payment

$15,272/mo

Principal & interestTaxesInsurance

$12,085$2,490$697

Down %

Rate %

Years

Down payment: $478,000 · Total cost: $4,828,651

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$15,272/mo

Principal & interest: $12,085
Est. property tax: $2,490
Est. insurance: $697
Down payment: $478,000

Est. gross rent$9,958/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-5,314/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 15, 2026	$2,450,000	—

Facts & Features

Transaction Data

▼Price Reduced from $2,450,000 (−$60,000)

Structure & Property

Year Built1936

Garage Spaces4

310-418-1200 (Office) 310-717-8680 (Cell) annshwang@yahoo.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

701 Lorraine Boulevard 4 units, Los Angeles, CA 90005

Get Directions

Call

701 Lorraine Blvd 4 units Los Angeles, CA 90005

About this home

Ann Hwang

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Ann Hwang

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

701 Lorraine Boulevard 4 units, Los Angeles, CA 90005

About This Property

Property Photos

701 Lorraine Blvd 4 units Los Angeles, CA 90005

About this home

Ann Hwang

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Ann Hwang

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.