1133 Wilcox Place
Los Angeles, CA 90038
0.17 acres | #SR24182849
Description
We are pleased to offer for sale this great investment opportunity for astute investors in prime Hollywood.
The Wilcox Place apartments are nestled in the heart of Hollywood, arguably one of the most recognized neighborhoods in the world.
Comprised of 86% 2 bedrooms units, this rare offering is being offered at considerably attractive $235K per unit and low $281 per sf. Being cared for by the same family for decades, the offering provides roughly 60% of rental upside subject to LA RSO. Some units provide great views, generous balconies and ample parking.
With a WalkScore of 89, tenants can access the Hollywood strip in 5 minutes and west Hollywood in just 2 minutes. 15-minute walk to the Hollywood & Vine Red Line station, 15-minute drive to Downtown Los Angeles, equips tenants with accessibility in day and age with increased traffic & travel times.
The surround location in the epicenter of high income creative workforce, with the Sunset Las Palmas studios steps away, Sunset Gower studio, less than 1 mile, The massive upcoming Echelon studios coming on in 2025, Paramount Studios, Netflix and others all in walking distance.
Seller and its agent make no promises or warranties to the accuracy of information. Broker and buyers are instructed to conduct their own studies and consult with their tax and legal advisors in all matters including property data, local laws, zoning, rent control, insurability, financing etc.
* Contact listing agent for offering memorandum *
Property Details
- Lot DescriptionSixToTenUnitsAcre
- Stories2
Measurements
- Acres0.1684
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1962
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,650,000
Other
- MLS #SR24182849
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Levon Alexanian (#F207017570)
Listing Office: Keller Williams World Media Center (#F8552001)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
