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HANCOCK TERRACES presents an impressive overall experience for renters, earning a strong Zumper expert rating of 9.1, highlighting its competitive pricing, exceptional amenities, and prime location. The property features notable offerings like gated parking and air conditioning, while promoting environmental sustainability and a vibrant social life with numerous parks and restaurants nearby. With high marks in trustworthiness, residents can expect transparency and reliability from the management.
Things you’ll love
Outdoor spaceGreat for
Social life
Eco living| 1BR/1.0BA | 1 bed | 1 bath | 555+ sqft | $1,950–$2,000 /mo | 4 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. 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 |
| Refrigerator |
Building
| Controlled Access | Onsite Laundry |
Grounds
| Gated Entry | One Car Parking |
Services
| Water and Trash |
| 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. 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 7% less than the average rent price for 1-bedroom apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| November 2023 | $1,800 |
| December 2023 | $1,777 |
| 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 | $1,716 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,495 |
| 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 | $1,518 |
Can I afford to live at 538 S Manhattan Pl?
Bedrooms
1 bedroomRent-to-income ratio
30%
$78,000/yr
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