Est. cap rate

2.3%

Assumed rent, all units

$5,320/mo

Units

2

Price per unit

$699,950

Est. annual NOI

$31,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

1,674 sqft

Lot size

4,503 sqft

Year built

1920

Stories

1

Garage spaces

0

Heating

Central

Cooling

None

Pool

None

Status

Active

Days on market

1

MLS #

244487696

About this property

Exceptional LAR3 Development & Investment Opportunity in Prime Hollywood! Welcome to 1154 & 1156 N. Wilton Place, an outstanding investment opportunity located in one of Hollywood’s most exciting and rapidly evolving neighborhoods. Situated on a 4,503-square-foot LAR3-zoned lot, this charming 1920 duplex features two spacious 2-bedroom, 1-bath residences totaling approximately 1,674 square feet of living space. The property is currently tenant occupied, providing immediate rental income while offering exceptional long-term upside. Whether you’re an investor seeking stable cash flow, a developer exploring future possibilities, or an owner looking to expand your real estate portfolio, this property offers tremendous potential. Surrounded by ongoing residential redevelopment and significant new multifamily projects, the neighborhood continues to attract substantial private investment, reflecting the area’s strong growth and increasing demand. Its central Hollywood location places you just minutes from Paramount Studios, Netflix, Sunset Gower Studios, Larchmont Village, Hollywood Boulevard, Downtown Los Angeles, restaurants, shopping, entertainment, Metro access, and major freeways, making it highly desirable for both residents and investors alike. The property’s desirable LAR3 zoning may provide exciting future development opportunities. Buyers are encouraged to conduct their own independent investigation with the City of Los Angeles regarding zoning, density, development standards, and any potential future use of the property. Whether you’re looking for an income-producing duplex today or a property with exceptional future upside in one of Los Angeles’ fastest-growing investment corridors, this is a rare opportunity not to be missed.

Location

1156 N Wilton Place

Los Angeles, Los Angeles, CA, 90038