Small-lot development brings 7 brownstone-style homes to Hancock Park
The Sevens, a collection of seven freestanding homes in the Park Mile area of Hancock Park, is nearing completion and coming to market after three years of development.
Set on a protected section at Wilshire and Rimpau, the three-story contemporary houses range from 2,166 to 2,429 square feet in size.
Veteran tiny-house maker Modative, the architecture firm behind the development, designed the spaces to blend with the look of the neighborhood. The homes feature high-coffered ceilings, filtered skylights and white oak flooring.
Each holds three or four bedrooms and includes two-car garages and rooftop terraces with panoramic views of the surrounding mountains.
The residences are slated to hit the market next month, with prices starting at $1.675 million and topping out at $2 million, depending on the floor plan.
In June, based on 524 combined single-family home and condominium sales, the median sales price in downtown/central Los Angeles was $851,000, down 1.5% year over year, according to CoreLogic.
The collection was built by BLDG Partners under the city’s small-lot building ordinance, which allows multiple single-family units to be built on the same lot. Passed in 2005, the ordinance has paved the way for other small-lot developments around L.A.
Diana Knox, Rick Ojeda, Joanne Lindsay and Nick Segal of Partners Trust hold the exclusive listing for the Sevens.
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