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For sale
  • Listed by: KELLER WILLIAMS LARCHMONT • JOSEPHINE SAN LUCAS • Contact: 562-843-8748
    Price cut: $10K (7/13)
    $775,000

    2229 Hancock St, Los Angeles, CA 90031

    5beds
    4baths
    2,394sqft
    : 
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    Quadruplex
    Built in 1920
    -- sqft lot
    $782,500 Zestimate®
    $324/sqft
    $-- HOA

    What's special

    Lincoln Heights fourplex , ONE UNIT DELIVERED VACANT ! Perfect Investment for Primary Occupancy, offset your mortgage with rent from other 3 units. Rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential. Potential for new owner to establish Residency in the 2 bedroom unit as well.The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence and Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways.
    53 days
    |
    2,375
    |
    206
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JOSEPHINE SAN LUCAS DRE #01308257 562-843-8748,

    KELLER WILLIAMS LARCHMONT

    Source: CRMLS,MLS#: MB26111570MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Cooktop, Gas Range
      • Laundry: None
      Features
      • All Bedrooms Down
      • Flooring: Laminate, Vinyl
      • Windows: Screens
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,394
      • Total interior livable area: 2,394 sqft

      Property

      Parking
      • Parking features: Assigned, Driveway
      Accessibility
      • Accessibility features: Parking
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Landmark, Neighborhood
      Lot
      • Size: 9,899 Square Feet
      • Features: Front Yard, Near Park, Near Public Transit, Walkstreet
      Details
      • Parcel number: 5210020012
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow,Contemporary
      • Property subtype: Quadruplex
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Street Lights, Sidewalks, Urban, Park
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $324/sqft
      • Tax assessed value: $806,410
      • Annual tax amount: $10,270
      • Date on market: 5/27/2026
      • Cumulative days on market: 53 days
      • Listing terms: Contract,Submit
      • Total actual rent: 3570
      • Tenant pays: Electricity, Gas

        Estimated market value

        $782,500

        $743,000 - $822,000

        $3,020/mo

        Price history

        DateEventPrice
        7/13/2026Price change$775,000-1.3%$324/sqft
        Source: CRMLS #MB26111570 Report a problem
        5/27/2026Listed for sale$785,000-1.6%$328/sqft
        Source: CRMLS #MB26111570 Report a problem
        6/1/2023Listing removed--
        Source: CLAW #22-218865 Report a problem
        4/25/2023Price change$798,000-0.1%$333/sqft
        Source: CLAW #22-218865 Report a problem
        1/17/2023Price change$799,000-5.9%$334/sqft
        Source: CLAW #22-218865 Report a problem
        11/17/2022Listed for sale$849,000-0.1%$355/sqft
        Source: CLAW #22-218865 Report a problem
        8/19/2022Listing removed--
        Source: CLAW #22-161839 Report a problem
        7/1/2022Price change$850,000-8.1%$355/sqft
        Source: CLAW #22-161839 Report a problem
        5/28/2022Listed for sale$925,000-2.5%$386/sqft
        Source: CLAW #22-161839 Report a problem
        4/12/2022Listing removed--
        Source: CLAW #22-117603 Report a problem
        1/11/2022Price change$949,000-4.6%$396/sqft
        Source: CLAW #22-117603 Report a problem
        11/9/2021Listed for sale$995,000+33.6%$416/sqft
        Source: CLAW #21103129 Report a problem
        5/24/2021Sold$745,000$311/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,270 +1.4%$806,410 +2%
        2024$10,123 +1.9%$790,599 +2%
        2023$9,935 +4.7%$775,098 +2%
        2022$9,488 +63.4%$759,900 +72%
        2021$5,807 -0.9%$441,891 +1%
        2020$5,859 $437,361 +2%
        2019$5,859 +7.3%$428,786 +2%
        2018$5,458 $420,379 +2%
        2017$5,458 +5.1%$412,137 +2%
        2016$5,196 +2.7%$404,057 +1.5%
        2015$5,059 +0.6%$397,988 +2%
        2014$5,030 $390,193 +5%
        2009-- $371,441 +6.1%
        2005-- $350,020 +118.8%
        2000-- $160,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lincoln Heights

        Getting around

        90 / 100
        Very Walkable
        55 / 100
        Good Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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