1133 Wilcox Place , Los Angeles, CA 90038
Los Angeles, CA 90038
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 *
Details
| Mls | SR24182849 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Pending |
| Year | 1962 |
| Days On Site | 99 |
| Listing Provided By | Keller Williams World Media Center 818-239-3500 | Levon Alexanian |
Features
| Sq Feet | 5,862 |
|---|---|
| Storys | 2 |
| Units | 7 |
| Buildings | 1 |
| Zoning | LAR3 |
| Acreage | 0.17 |
Market Activity 90038
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $1,650,000 low | high Med: $947,000 SqFt: 5,862 low | high Med: 1,320 $ / SqFt: $281 low | high Med: $717 On Site: 99 low | high Med: 48.000000 | |
