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Hancock Terraces stands out with a Zumper Expert Rating of 9.1, reflecting its competitive pricing, impressive amenities, and excellent location with a score of 9 out of 10. The property offers a smoke-free environment, gated parking, and controlled access, contributing to an elevated standard of living. Additionally, it promotes social engagement and environmental sustainability, with ample public transport options, numerous restaurants, and nearby parks that enhance the community experience.
Things you’ll love
Outdoor spaceGreat for
Social life
Eco living| 1BR/1.0BA | 1 bed | 1 bath | 567+ sqft | $2,000 /mo | 2 units available | About Hancock Terrace Apartments: 1 Bedroom Apartments for Rent in 90020 – Hancock Terraces Near Madang Mall Discover stylish living at Hancock Terraces, a boutique apartment community located in the heart of Koreatown and just minutes from Downtown Los Angeles. Our thoughtfully designed one-bedroom residences offer a blend of comfort and modern elegance - perfect for professionals, couples, and anyone looking for an upscale urban lifestyle. Enjoy everyday convenience with gated parking, controlled access, and secure package lockers / Amazon Hub, giving you peace of mind and a hassle-free living experience. With Koreatown’s top dining, shopping, nightlife, and transit options right outside your door, you’re connected to everything that makes city living effortless. At Hancock Terraces, luxury meets location in one of LA’s most desirable neighborhoods. -1 Block from Wiltern Theater -Walking distance from H-mart, California Market, Ralphs -1 Block away from Subway/Metro Bus Station -Near Wilshire Park and Wilton Elementary School, John Burroughs Middle School Beautiful 1 bedroom, 1 bathroom apartment in heart of Koreatown District. Community Amenities -Laundry Facilities -Elevator -Controlled Access -Maintenance on site -Property Manager on Site -Trash Pickup - Curbside -Elevator -Disposal Chutes -Gated -Fenced Lot -Courtyard Highlights -Air Conditioning -Heating -Ceiling Fans -Smoke Free -Cable Ready -Security System -Tub/Shower Kitchen Appliances -Disposal -Granite Countertops -Pantry -Eat-in Kitchen -Kitchen -Microwave -Oven -Range -Refrigerator -Freezer |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
Appliances
| Electric Stove | Microwave |
| Range | Refrigerator |
Building
| Controlled Access | Onsite Laundry |
Grounds
| Gated Entry | One Car Parking |
Services
| Water and Trash |
One-time.
One-time. Refundable.
| Units | 67 |
|---|
About Hancock Terrace Apartments: 1 Bedroom Apartments for Rent in 90020 – Hancock Terraces Near Madang Mall Discover stylish living at Hancock Terraces, a boutique apartment community located in the heart of Koreatown and just minutes from Downtown Los Angeles. Our thoughtfully designed one-bedroom residences offer a blend of comfort and modern elegance - perfect for professionals, couples, and anyone looking for an upscale urban lifestyle. Enjoy everyday convenience with gated parking, controlled access, and secure package lockers / Amazon Hub, giving you peace of mind and a hassle-free living experience. With Koreatown’s top dining, shopping, nightlife, and transit options right outside your door, you’re connected to everything that makes city living effortless. At Hancock Terraces, luxury meets location in one of LA’s most desirable neighborhoods. -1 Block from Wiltern Theater -Walking distance from H-mart, California Market, Ralphs -1 Block away from Subway/Metro Bus Station -Near Wilshire Park and Wilton Elementary School, John Burroughs Middle School Beautiful 1 bedroom, 1 bathroom apartment in heart of Koreatown District. Community Amenities -Laundry Facilities -Elevator -Controlled Access -Maintenance on site -Property Manager on Site -Trash Pickup - Curbside -Elevator -Disposal Chutes -Gated -Fenced Lot -Courtyard Highlights -Air Conditioning -Heating -Ceiling Fans -Smoke Free -Cable Ready -Security System -Tub/Shower Kitchen Appliances -Disposal -Granite Countertops -Pantry -Eat-in Kitchen -Kitchen -Microwave -Oven -Range -Refrigerator -Freezer
How HANCOCK TERRACES compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at HANCOCK TERRACES cost about 9% less than the average rent price for 1-bedroom apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| December 2023 | $1,750 |
| January 2024 | $1,785 |
| February 2024 | $1,695 |
| March 2024 | $1,712 |
| April 2024 | $1,718 |
| May 2024 | $1,750 |
| June 2024 | $1,778 |
| July 2024 | $1,816 |
| August 2024 | $1,848 |
| September 2024 | $1,848 |
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,729 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,495 |
| January 2024 | $1,496 |
| February 2024 | $1,495 |
| March 2024 | $1,504 |
| April 2024 | $1,495 |
| May 2024 | $1,554 |
| June 2024 | $1,542 |
| July 2024 | $1,528 |
| August 2024 | $1,543 |
| September 2024 | $1,564 |
| October 2024 | $1,573 |
| November 2024 | $1,543 |
| December 2024 | $1,610 |
| January 2025 | $1,662 |
| February 2025 | $1,698 |
| March 2025 | $1,627 |
| April 2025 | $1,529 |
| May 2025 | $1,499 |
| June 2025 | $1,504 |
| July 2025 | $1,503 |
| August 2025 | $1,545 |
| September 2025 | $1,576 |
| October 2025 | $1,595 |
| November 2025 | $1,545 |
| December 2025 | $1,655 |
Can I afford to live at 538 South Manhattan Place?
Bedrooms
1 bedroomRent-to-income ratio
30%
$80,000/yr
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