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Residential Income — 1732 N Wilton Place, Los Angeles, CA
$2,850,000
1732 N Wilton Place, Los Angeles, CA
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.
Property details
Year built
1917
Property type
Residential Income
Lot size
7,353 sqft
Location
1732 N Wilton Place • Los Angeles, CA 90028
Listed by
Logan Altman · Altman Apartments LLC
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