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1803 N Wilton Pl
Los Angeles, CA 90028
Current 6.1% Cap, 11.1 GRM, $182,813 / Unit · Multifamily Property For Sale
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16 Units
Investment Highlights
- 1803 N Wilton Place is a 16-Unit investment in Hollywood | Current Metrics - 11.1GRM, $182,813 per unit and 6.1 Cap Rate
- The unit interiors boast original hardwood floors, multiple built-in storage options, and a walk-in closet large enough to possibly fit a Murphy Bed.
- The location is ideal for tenants as it sits on the edge of Hollywood and Los Feliz and is near many of the City's primary employer.
- It boasts 16 large Studios. It's a character building with unique design elements like stained glass windows, carved etchings and ornate wrought iron.
- Future ownership will have the opportunity to add immediate value as two units will be delivered vacant at the close of escrow.
- It has a WALKSCORE OF 85 and is considered "Very Walkable." It is close to several hotspots, considered some of LA's most popular destinations.
Property Facts
| No. Units | 16 | Building Size | 9,377 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.43/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | RD1.5 - Low density multiple dwelling | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,377 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | RD1.5 - Low density multiple dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Carpet
- Den
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | $1,611 | 500 |
Property Taxes
| Parcel Number | 5586-033-011 | Improvements Assessment | $988,380 |
| Land Assessment | $2,080,800 | Total Assessment | $3,069,180 |
Property Taxes
Parcel Number
5586-033-011
Land Assessment
$2,080,800
Improvements Assessment
$988,380
Total Assessment
$3,069,180
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