Homes for Sale near Paramount Pictures, Los Angeles, CA

Paramount Studios is the primary production facility of the Paramount Pictures company located to the northeast of Hancock Park along Melrose Avenue in Los Angeles, California. Paramount Studios is an established brand in the entertainment industry known for iconic movies such as Titanic, the Transformers Series, Mission Impossible, Shrek, Madagascar, Forrest Gump, and so much more. The studio also serves as the venue for several of their TV productions, including The Blacklist, Dr. Phil, MacGyver, Hawaii Five-O, NCIS: Los Angeles, and more.

If you work in Paramount Studios and would like to find a home close to the studio, we’re ready to help you out. Real Estate options in the area are divided into two sections, the Hollywood Studio District, which occupies areas west, north, and east of the studio, and Hancock Park, which is to the south. Real Estate in the Hollywood Studio District comprises multi-family apartments and condominiums with some older single-family home models spread throughout. These properties tend to be more affordable, coming in at $1 to $2 million. The larger multi-family residences used primarily as rental units are priced a bit higher at $3.5 to $5 million. If you’re looking for a more suburban feel with tree-lined streets occupied by classic single-family home models, then Hancock Park would probably be more attractive for you. This area features a selection of well-built residences that feature modest single-story home builds. Architectural styles include classic Craftsman, Stucco, Bungalows, Pueblo, Spanish, and Contemporary. These homes have tremendous curb appeal and are some of the most sought-after homes in Central LA. For more information on available homes for sale near Paramount Studios, please feel free to give us a call or send us a message.

Market Overview

Real Estate Market Information

Median Home Listing Price

$3,800,000

Median Home Sale Price

$2,400,000

Median Price Per Sqft

$921

Days on Market

70

Sale-to-List Price Ratio

97.3%

Housing Units

13,949

What's To Love

The entertainment industry is one of the top employers in the region, and Paramount Studios is an iconic location that has consistently produced successful films and shows. As such, many of the staff, leadership, and stars working in the lots in the studio have significant housing needs in the area. Living in nearby neighborhoods helps you avoid heavy traffic in LA and provides easy access to the many notable amenities and attractions in the region.

What's Not To Love

Home sizes for residential real estate close to the studio are relatively small, which can be a concern for buyers looking to purchase larger houses with over 2,500 sqft in floor space. There is a significant amount of older homes in the community ranging around the 1910s to 1920s.

Is it for me?

Who is this neighborhood for

Investors looking at purchasing an ideal rental property will find lots of good multi-family real estate options near Paramount Studios. These homes are excellent investment opportunities that cater to the consistent demand for housing in the region. If you’re looking to live in the area long-term, you’ll love the well-established single-family homes in the Hancock Park neighborhood. The mature-tree lined streets and relatively quiet suburban layouts are perfect for buyers looking to raise a family in the city.

Find Your Home

Latest homes for sale in Paramount Pictures

34
Active

$13,500,000

145 Rossmore Ave N

Los Angeles, CA, 90004
Beds6Baths7SqFt8,163MLS#21-772412
52
Active

$4,500,000

526 Plymouth BLVD N

Los Angeles, CA, 90004
Beds5Baths6SqFt4,273MLS#PW21216932MR
54
Open House
Active

$3,850,000

217 Windsor Blvd N

Los Angeles, CA, 90004
Beds6Baths9SqFt5,485MLS#21-778948
45
Pending

$3,799,000

114 Norton Ave S

Los Angeles, CA, 90004
Beds5Baths4SqFt3,914MLS#21-784178
23
Open House
Active

$3,149,000

403 Beachwood Dr N

Los Angeles, CA, 90004
Beds5Baths5SqFt2,632MLS#21-786570
54
Active

$2,995,000

4957 Melrose Hill W

Los Angeles, CA, 90029
Beds7Baths6SqFt5,000MLS#21-776928
Angela Bond - Hancock Park Realtor
Take the next step

Ready to take the next step?

For any real estate related inquiries about homes or condos for sale in the Greater Wilshire District, please don’t hesitate to get in touch with me. I have extensive experience working in the area and have intimate knowledge on the various neighborhoods, subdivisions, and buildings in the region.

Meet the locals

Who Lives in Hancock Park

Population

12,998

Median Age

37

Median Household Income

$90,837.13

Cost of Living Score

173.3

Residents with Some College Education

60.90%

Owner Occupied Homes

84.96%

Entertainment

Things to do in Paramount Pictures

Paramount Pictures Studio Tour

Famous lot tour of the Paramount Studio featuring cart rides of its historic sets and prop warehouse.

Paramount Theatre

516-seat cinema that hosts movie premieres and other notable events.

Lucy's El Adobe Cafe

Small restaurant directly across Paramount Pictures serving Mexican meals now for over 50 years.

Hollywood Forever Cemetery

Landmark cemetery and the final resting place of many notable Hollywood celebrities.

School Information

Schools near Paramount Pictures

School Name
Grades
Admission
Bernstein High School
9 – 12
Public
Joseph Le Conte Middle School
6 – 8
Public
Van Ness Avenue Elementary School
K – 5
Public
The Episcopal School of Los Angeles
6 – 12
Private
On the map

Paramount Pictures Map

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