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1803 N Wilton Place

Los Angeles (City), CA 90028
  • $3,150,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: 24417181
UPDATED: 17 min ago
$3,150,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,377
    SQFT
  • $336
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Nick Astrupgaard of KW Commercial Studio City (818-432-1500) and Rich Johns of KW Commercial Studio City(818-432-1500)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T19:33:45.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/152764751
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1803 N Wilton Place Los Angeles (City), CA 90028

  • Price: $3,150,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 17 min ago
  • ID#: 24417181
0
Beds
0
Baths
0
½ Baths
0.16
Acres
9,377
SQFT
$336
$/SQFT
1925
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
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.
Exterior Features

Parking Features On Street Parking Total 0

Property Features

Association YN No Cap Rate 5.4 Gross Income 256665 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 169773 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T19:33:45.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Nick Astrupgaard of KW Commercial Studio City (818-432-1500) and Rich Johns of KW Commercial Studio City(818-432-1500)