908 Wilcox Avenue, Los Angeles, CA 90038

About this property

Attention Developers and Investors: Premier multi-family development opportunity in Hollywood. Located south of Santa Monica Blvd and one block east of Hudson Ave in the one of the most rapidly redeveloping streets of Hollywood. This 6,812 square foot flat lot is zoned R3, and offers 50 feet of frontage on Wilcox Ave with by-right buildable height of up to 45 feet. The lot sits directly across from an ongoing 17-unit development project. Ability to develop small lot subdivision or 8 rental units. Close proximity to Paramount Studios, Los Angeles Tennis club, Netflix, Larchmont Village, restaurants, shops, walking distance to Theatre Row and easy access to the Westside. Current Use: Multi-family 3-Unit with 2,073 square feet and current rental income of $4,100 while working through entitlements.

Listing description from the September 2017 sale, as reported to CRMLS.

Sale history

$1,280,000

Sold September 2017 · listed $1,290,000, on market June 2017 · MLS #SB17127320 · Source: CRMLS

Listing Agent: Eric Kredatus · Listing Office: Strand Hill Christie's Int'l · Contact: 310-545-0707 · Bought with: Michael Alarcon · Strand Hill Christie's Int'l

$1,280,000

Sold September 2017 · listed $1,290,000, on market September 2017 · MLS #SB17221753 · Source: CRMLS

Listing Agent: Michael Alarcon · Listing Office: Strand Hill Christie's Int'l · Contact: 310-545-0707 · Bought with: Eric Kredatus · Strand Hill Christie's Int'l

$1,280,000

Sold September 2017 · listed $1,290,000, on market June 2017 · MLS #SB17127293 · Source: CRMLS

Listing Agent: Eric Kredatus · Listing Office: Strand Hill Christie's Int'l · Contact: 310-545-0707 · Bought with: Michael Alarcon · Strand Hill Christie's Int'l

$850,000

Sold December 2013 · listed $900,000, on market October 2013 · MLS #13710517 · Source: CRMLS

Listing Agent: Gary Fox · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: James Gilb · Miller & Desatnik Realty Co.

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