1133 Wilcox Place, Los Angeles, California 90038
- $1,650,000
- $1,650,000
Overview
- Apartment, Residential Income
- 5862 Sqft
- 1962
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 *
Address
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Address: 1133 Wilcox Place
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90038
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Country: US
Details
Updated on January 14, 2025 at 2:24 am-
Property ID SR24182849
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Price $1,650,000
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Property Size 5862 Sqft
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Land Area 0.1684 Acres
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Year Built 1962
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Curbs
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