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Listed by Logan Altman, DRE #01965826 • Altman Apartments LLC
$ 3,000,000
Est. payment | /mo
7,353 Sqft Lot
$ 3,000,000
Est. payment | /mo
7,353 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26162862
Year Built 1917
Lot Size 7,353 Sqft
Source California Regional MLS
Property Description
Wilton Place Apartments - a 12-unit 1917 Craftsman in the heart of Hollywood, gut-renovated in 2021, offered at $3,000,000. 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 5.37% in-place cap rising to a 6.18% pro forma, 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
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5544002011
Special Listing Condition Not Applicable
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