$1,650,000
Pending

1133 Wilcox Place

Los Angeles, CA 90038
0.17 acres | #SR24182849
Listing OfficeKeller Williams World Media Center
Browse 9 photos
Type:Multi-Family
Structure:House
Zone:Residential

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
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,650,000
      • MLS #SR24182849
      • MLS #SR24182849
      • Property SubtypeApartment
      • Cost1650000
      • Acres0.1684
      • Utility SourcePublic
      • Year Built1962
      • Stories2

Location

Karen SellersReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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