16 Units - Just Listed - 1803 North Wilton Place, Los Angeles, CA
9,377 ft²Multifamily$3,150,000Sale
• 1803 N Wilton Place is a 16-Unit investment opportunity in Hollywood, a densely populated rental submarket known for excellent rent growth and low vacancy rates. • 1803 N Wilton Place comprises sixteen (16) large studio apartments estimated at +/-475 SF each. Period details includes unique design elements throughout, stained glass, French windows, ornate wrought iron and original oak flooring. • The charming interiors feature original hardwood floors, French windows, built-in storage options, and a walk-in closet suitable in size to be repurposed into sleeping quarters. • Future ownership will have the opportunity to add immediate value as two units will be delivered vacant at the close of escrow. • The location is ideal for tenants as it sits on the edge of Hollywood and Los Feliz and is adjacent to many of the City’s primary employers, specifically multiple Hollywood Studios. • The property has a WALKSCORE OF 85 and is considered “Very Walkable.” It is close to several neighborhood hotspots, considered some of LA’s most popular destinations for numerous retail and restaurant venues.
• 1803 N Wilton Place is a 16-Unit investment opportunity in Hollywood, a densely populated rental submarket known for excellent rent growth and low vacancy rates. • 1803 N Wilton Place comprises sixteen (16) large studio apartments estimated at +/-475 SF each. Period details includes unique design elements throughout, stained glass, French windows, ornate wrought iron and original oak flooring. • The charming interiors feature original hardwood floors, French windows, built-in storage options, and a walk-in closet suitable in size to be repurposed into sleeping quarters. • Future ownership will have the opportunity to add immediate value as two units will be delivered vacant at the close of escrow. • The location is ideal for tenants as it sits on the edge of Hollywood and Los Feliz and is adjacent to many of the City’s primary employers, specifically multiple Hollywood Studios. • The property has a WALKSCORE OF 85 and is considered “Very Walkable.” It is close to several neighborhood hotspots, considered some of LA’s most popular destinations for numerous retail and restaurant venues.