Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

12

Building size

5,154 sqft

Lot size

7,353 sqft

Year built

1917

Stories

3

Garage spaces

0

Pool

None

Status

Active

Days on market

56

MLS #

245234524

About this property

Wilton Place Apartments - a 12-unit 1917 Craftsman in the heart of Hollywood, gut-renovated in 2021, offered at $2,850,000. Ten renovated studios, a newly built detached 2-bed/2-bath ADU (master-leased) and a live/work penthouse, plus a 10-space on-site parking lot. Character details include stained glass and original staircases. Priced at a 7.19% in-place cap rate on the buyer's reassessed tax basis, with upside from leasing the vacant parking spaces, studio mark-to-market and by-right ADU density. Buyer to verify all figures, unit legality and square footage.

Location

1732 N Wilton Place

Los Angeles, Los Angeles, CA, 90028