971 North Wilton Place
$1,299,995
7
4
2,654
2,654
$490
Description
A triplex in one of the hottest neighborhoods in rapidly changing Hollywood! We are pleased to present 971 N. Wilton Place. 3 existing units in the heart of Hollywood, with on-site parking & a private yard! Potential Owner/Users can enjoy the prospect of development while residing in the embodiment of the Southern California Dream; Hollywood. This RD1.5XL Zoned property boasts the ability to build 5 UNITS BY RIGHT (Small Unit Subdivision), or 8 UNITS utilizing TOC TIER 2, and is in the midst of revitalization...A triplex in one of the hottest neighborhoods in rapidly changing Hollywood! We are pleased to present 971 N. Wilton Place. 3 existing units in the heart of Hollywood, with on-site parking & a private yard! Potential Owner/Users can enjoy the prospect of development while residing in the embodiment of the Southern California Dream; Hollywood. This RD1.5XL Zoned property boasts the ability to build 5 UNITS BY RIGHT (Small Unit Subdivision), or 8 UNITS utilizing TOC TIER 2, and is in the midst of revitalization and growth. A prime investment opportunity, this building also has a rare feature, in that the back unit was built in 2011, and is not subject to rent control ordinance! (Buyers to confirm with city and are solely responsible for all investigations). Additionally, Owner/Users can fully renovate & live in a unit, while their tenants help pay the mortgage! Walking distance to Paramount Pictures Studio! Buyer to participate in a 1031 Exchange at no extra charge to the buyer.
- Listed by Sonny Shackelford • DRE #01899698 • Brokerage DRE #01385049 • Nicholas Property Group
Property Details for 971 North Wilton Place
Zoning
LARD1.5
Parcel Number5536016006
Total Units3.0
Living Area2654
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate0
Lot Size Area6752
LISTING UPDATED: 10/15/2024 01:42 PM
Property Details for 971 North Wilton Place
Status | Active |
---|---|
MLS # | 24-439983 |
Days on Market | 65 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1913 |
Lot Size | 0.16 AC / 6,752 SF |
County | Los Angeles County |
Building Information for 971 North Wilton Place
Stories2Residences-Year Built1913Building Size-Lot Size0.16 AC / 6,752 SF
Property Information for 971 North Wilton Place
Property History for 971 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 971 North Wilton Place
Taxable ValueLand$706,967Additions$264,992Total$971,959
Tax Record2024$12,264 ($1,022 / month)
Home Facts
Total Finished SqFt2,654 SqFtAbove Grade Finished SqFt2,654 SqFtLot Size6,750 SqFtStyleQuadraplexYear Built1913ZoningLARD1.5CountyLOS ANGELESAPN5536-016-006
Schools near 971 North Wilton Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Santa Monica Boulevard Community Charter School CharterK to 6 | ||
Joseph Le Conte Middle School Public6 to 8 | ||
Helen Bernstein High School Public9 to 12 | ||
STEM Academy at Bernstein High Public9 to 12 |
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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