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1803 N Wilton Pl
Los Angeles, CA 90028

Current 6.1% Cap, 11.1 GRM, $182,813 / Unit · Multifamily Property For Sale · 16 Units

Investment Highlights

  • 1803 N Wilton Place is a 16-Unit investment in Hollywood | Current Metrics - 11.1GRM, $182,813 per unit and 6.1 Cap Rate
  • The unit interiors boast original hardwood floors, multiple built-in storage options, and a walk-in closet large enough to possibly fit a Murphy Bed.
  • The location is ideal for tenants as it sits on the edge of Hollywood and Los Feliz and is near many of the City's primary employer.
  • It boasts 16 large Studios. It's a character building with unique design elements like stained glass windows, carved etchings and ornate wrought iron.
  • Future ownership will have the opportunity to add immediate value as two units will be delivered vacant at the close of escrow.
  • It has a WALKSCORE OF 85 and is considered "Very Walkable." It is close to several hotspots, considered some of LA's most popular destinations.

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 9,377 SF
Average Occupancy 88%
No. Stories 2
Year Built 1925
Parking Ratio 0.43/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Kitchen
  • Refrigerator
  • Carpet
  • Den
  • Family Room

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5586-033-011
Land Assessment
$2,040,000
Improvements Assessment
$969,000
Total Assessment
$3,009,000

zoning

Zoning Code RD1.5 (Low density multiple dwelling)
RD1.5 (Low density multiple dwelling)
  • Listing ID: 32425256

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 1803 N Wilton Pl, Los Angeles, CA 90028

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