$ 3,150,000
1803 N Wilton PL Los Angeles, CA 90028
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,150,000
Est. payment /mo
Active
1803 N Wilton PL Los Angeles, CA 90028
16 Baths
9,377 SqFt
UPDATED:
09/30/2024 06:41 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,377 sqft
Price per Sqft $335
MLS Listing ID 24417181
HOA Y/N No
Year Built 1925
Lot Size 6,756 Sqft
Property Description
1803 N Wilton Place is a beautiful 1920's sixteen-unit apartment community in Hollywood (90028). The offering offers investors a unique and rare opportunity to acquire an irreplaceable asset with meaningful rental upside in one of LA's most dynamic and stable markets. 1803 N Wilton Place was built in 1925 and consists of 9,377 SF of improvements. The building consists of sixteen (16) large Studio apartment units. The property is sited on a +/- 6,756 square foot parcel, zoned LARD1.5. Each unit is separately metered for electricity, and the building is master metered for gas. Additionally, as an added amenity, there's a laundry room for tenant use--the machines are owned. 1803 N Wilton Place is teeming with original details throughout the property. The facade offers authentic craftsmanship in keeping with the building's 1920s design. There are stained glass windows, carved etchings, and ornate wrought iron. These also are not your ordinary Studio apartments. The units are large and full of original character, including original hardwood floors, multiple built-in storage options, and a walk-in closet large enough to possibly fit a Murphy Bed. With its prime location in Hollywood, 1803 N Wilton Place is an outstanding rental location for residents looking for immediate access to major Hollywood employers, services, and entertainment venues. Additionally, the proximity to world-class neighboring venues makes this an ideal investment for apartment operators seeking a stable investment opportunity and long-term wealth preservation and appreciation.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Fireplace No
Exterior
Garage On Street
Parking Type On Street
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5586033011
Special Listing Condition Standard
Listed by Nick Astrupgaard • KW Commercial Studio City