1803 North Wilton Place
$3,150,000
—
16
9,377
9,377
$336
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...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.
- Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01458187 • KW Commercial Studio City
- Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01458187 • KW Commercial Studio City
Property Details for 1803 North Wilton Place
Zoning
LARD1.5
Parcel Number5586033011
Total Units16.0
Living Area9377
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate6%
Lot Size Area6758
LISTING UPDATED: 07/26/2024 12:01 AM
Property Details for 1803 North Wilton Place
Status | Active |
---|---|
MLS # | 24-417181 |
Days on Market | 123 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1925 |
Lot Size | 0.16 AC / 6,758 SF |
County | Los Angeles County |
Building Information for 1803 North Wilton Place
Stories2Residences-Year Built1925Building Size-Lot Size0.16 AC / 6,758 SF
Property Information for 1803 North Wilton Place
Property History for 1803 North Wilton Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1803 North Wilton Place
Taxable ValueLand$2,040,000Additions$972,800Total$3,012,800
Tax Record2024$37,631 ($3,136 / month)
Home Facts
Total Finished SqFt9,377 SqFtAbove Grade Finished SqFt9,377 SqFtLot Size6,756 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningLARD1.5CountyLOS ANGELESAPN5586-033-011
Schools near 1803 North Wilton Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 7 to 12 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Grant Elementary School PublicK to 6 | ||
Apex Academy Charter7 to 12 | ||
Hollywood Senior High School Public9 to 12 | ||
Citizens of the World Charter School Hollywood CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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