1013 Hancock Avenue, West Hollywood, California 90069, West Hollywood, 90069 - 3 bed, 3 bath

1013 Hancock Avenue, West Hollywood, California 90069 home-pic-0
ACTIVE UNDER CONTRACT$2,475,000
1013 Hancock Avenue, West Hollywood, California 90069
3Beds
3Baths
2,570Sqft
6,176Lot
Year Built
1924
Close
-
List price
$2.48M
Original List price
$2.77M
Price/Sqft
$963
HOA
-
Days on market
-
Sold On
-
MLS number
24446603
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $2.48M(35th), sqft - 2570(42th), beds - 3(50th), baths - 3(38th).

**MAJOR PRICE UPDATE FROM ORIGINAL LIST PRICE**This stunning compound is a West Hollywood gem that truly feels like a peaceful retreat while being just blocks away from the vibrant city. With multiple units, this property provides endless opportunities. The main house features 2 bedrooms and 2 baths, with sunlit living and dining areas, hardwood floors, and recessed lighting throughout. The open main living room flows into a modern kitchen, with stainless steel Electrolux appliances, a marble island, and custom cabinetry. The primary suite has ample space and French doors that open directly to your own secluded oasis with a pool and spa, surrounded by tall hedges for ultimate privacy. A converted garage provides a flexible bonus space, ideal for an office or studio, complete with custom cabinetry, recessed lighting, and a secondary laundry area. Above the garage sits a separate guest house, featuring 1 bedroom and 1 bath, a full kitchen, and dining area, making it perfect for an in-law suite or rental opportunity for extra income. With private laundry in both units and parking for 4-6 cars . As a bonus, the property is under the Mills Act, which offers potential property tax savings up to 70%! Buyers should verify all property details, including taxes and square footage. Don't miss this rare opportunity to own a tranquil compound in the heart of WeHo! **Also For Lease Fully Furnished****2,570 sq ft includes 623 sq ft of bonus recreation room & laundry room**

Nearby schools

9/10
West Hollywood Elementary School
Public,K-50.3mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-60.7mi
7/10
Gardner Street Elementary School
Public,K-61.8mi
3/10
Laurel Elementary School
Public,K-81.1mi
8/10
Hawthorne Elementary School
Public,K-81.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.6mi
7/10
John Burroughs Middle School
Public,6-83.1mi
7/10
Fairfax Senior High School
Public,9-121.3mi
9/10
Beverly Hills High School
Public,9-122.5mi
6/10
Hollywood Senior High School
Public,9-122.5mi

Price History

Date
Event
Price
02/25/25
Sold
$2,402,000
05/04/05
Sold
$1,050,000
Condition Rating
Good

The property, built in 1924, has been updated, featuring a modern kitchen with stainless steel Electrolux appliances and marble island. The bathrooms appear updated as well. Hardwood floors and recessed lighting are present. While not brand new, the updates bring it to a good condition, move-in ready with no immediate major renovations required. The presence of a pool and guest house are additional positives. However, given the age of the property, some systems may be approaching the end of their lifespan.
Pros & Cons

Pros

Income Potential: The property includes a separate guest house with a full kitchen, offering excellent rental income potential.
Prime Location: Located in the heart of West Hollywood, the property is just blocks away from the city's vibrant attractions.
Mills Act Benefits: The property is under the Mills Act, potentially offering significant property tax savings.

Cons

Year Built: Built in 1924, the property may require updates to meet modern standards and preferences.
Active Under Contract: The property's status as 'Active Under Contract' indicates a pending sale, which may deter some potential buyers.

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