Greater Wilshire, a collection of 15 neighborhoods in Central Los Angeles, is an affluent, residential area featuring historic homes in a variety of architectural styles and charming thoroughfares lined with shops and restaurants.

If restoring a 1920s Dutch Colonial seems like a mammoth undertaking, the Wilshire area offers a couple of small-lot single-family home developments priced from $1.2 million. Here we’ve rounded up two new home communities that come complete with modern interiors and private outdoor spaces.

1. The McCadden Collection

Sales company: Grant Linscott Group
Neighborhood: Hancock Park
Priced from: $1,369,000

Located in character-rich Hancock Park, The McCadden Collection is described as an “intimate assemblage” of four single-family homes. Each three-bedroom, three-bathroom residence in the gated community boasts a custom floorplan appointed with designer finishes, oversized windows and skylights, French Oak hardwood floors and Italian porcelain tile.

The gourmet kitchens showcase two-toned cabinets, quartz-topped islands and stainless steel JennAir appliances, while the luxurious primary suites boast walk-in closets with built-in organizers and freestanding soaker tubs situated inside the shower areas. All homes provide two-car garages with interior access and expansive outdoor patios featuring breathtaking city and mountain views.

Nearby Highland Avenue is dotted with art galleries, antique shops and romantic restaurants. The Hollywood Media District is just moments away, home to over 350 businesses that primarily serve the entertainment industry. On weekends, residents of The McCadden Collection can hit the Hollywood Farmers’ Market or Melrose Trading Post, both less than two miles from home.

2. Clinton & Oxford

Sales company: Compass
Neighborhood: Melrose Hill
Priced from: $1,275,000

Clinton & Oxford is an enclave of four contemporary single-family homes in the Melrose Hill neighborhood. The latest pricing information suggests that there is just one residence remaining, with two others accepting backup offers.

4858 Clinton Street is a four-bedroom, four-bathroom beauty spanning 2,296 square feet. Sporting 12-foot ceilings, an open floorplan, oak hardwood flooring and large windows that welcome in natural light, the home is ideally suited for modern family living. Expect a two-car garage with direct interior access and multiple private outdoor spaces, including a generous roof deck with panoramic city views, a gas barbecue hookup, and plenty of room for lounge seating and a dining table.

Located near the intersection of Melrose and Western Avenue, the future owners of 4858 Clinton Street will be just blocks away from Paramount Studios, Hollywood Forever Cemetary and Larchmont Village, known for its coffee shops, one-of-a-kind boutiques and weekly farmers’ market.

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