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$ 3,000,000
Est. payment | /mo
1 Bath
7,353 Sqft Lot
$ 3,000,000
Est. payment | /mo
1 Bath
7,353 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26162862
Lot Size 7,353 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Wilton Place Apartments - a 12-unit 1917 Craftsman in the heart of Hollywood, gut-renovated in 2021, offered at $3,000,000. Ten renovated studios, a newly built detached 2-bed/2-bath ADU (master-leased) and a live/work penthouse, plus a 10-space on-site parking lot. Character details include stained glass and original staircases. Priced at a 5.37% in-place cap rising to a 6.18% pro forma, with upside from leasing the vacant parking spaces, studio mark-to-market and by-right ADU density. Buyer to verify all figures, unit legality and square footage.
Location
State CA
County Los Angeles
Zoning Assessor
Direction In Hollywood near Sunset Blvd and the 101 Freeway. From the 101, exit Sunset Blvd and head to 1732 N Wilton Place between Hollyw
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5544002011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Logan Altman, DRE#01965826 Altman Apartments LLC
Nearby Locations
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Roy Wannamaker
REALTOR® | Lic# CA DRE 01838753