The subject property is a majestic office building, formally a grand European Villa single family estate, located in the Heart of Hancock Park near Historic Fremont Place in Los Angeles, California. The property has been used as commercial the past 30 years, but there is nothing on file that limits its use with the City of Los Angeles. (Buyer/Agent to confirm with the City.)This European Villa was built in the early 1920?s and converted into commercial offices in approximately 1982. Set on a ?12,241 square foot lot with a landscaped rear courtyard and three structures totaling ?6,440 square feet. The property was recently renovated with several new chandeliers, simulated hardwood floors, new kitchens with new appliances and Caesarstone countertops (one without stove/oven). The bathroom fixtures and tile floor are current and modern. There are two fireplaces, one of which has exquisite Batchelder tile. The main building has two 1/2 baths andapproximately a dozen rooms including a kitchen with granite countertop. The rear structures include a Studio with 1/2 bath (approximately 300 sq.ft.), and a two bedroom + loft with a full kitchen and 3/4 bathroom (approximately 800 sq.ft.). There is also a 100 sq.ft. basement where major systems are housed.