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… Read More 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. Read Less
Property listed by KW Commercial Studio City, Nick Astrupgaard 818-432-1500
Listing Snapshot
Days Online
131
Last Updated
Property Type
Other
Square Ft.
9,377
Lot Size
0.16 Acres
Year Built
1925
MLS Number
24417181
30 Days Snapshot Of 90028
$1,249k
+92%
(avg) sold price
4
+300%
homes sold
169
+56%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Building area total: 9,377, Levels: Two, Living area: 9377, 2 stories, 1 building
Income
Gross income: $256,665, Net operating income: $169,773
Lot
0.1551 acres, 6,758 square feet, Size: 6,758
Parking
OnStreet
Property
Zoning: LARD1.5
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
