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1901 Wilcox Ave 3,312 SF Vacant Retail Building Los Angeles, CA 90068 $1,850,000 ($558.57/SF)
INVESTMENT HIGHLIGHTS
- Listed Cap Rate is Pro-Forma
- Suite 1905 Currently Occupied by UPS
EXECUTIVE SUMMARY
CityStreet Commercial is pleased to present an exceptional opportunity to acquire a property in the highly sought-after Hollywood Hills. Located at 1901 Wilcox Avenue, this property features a 3,312 square foot retail building on 7,166 square feet of land, offering prime street frontage on both Franklin Avenue and Wilcox Avenue, just east of Cahuenga Boulevard. Built in 1952, the property is zoned LAR4, offering versatile development potential in one of Los Angeles’ most iconic and desirable neighborhoods. However, it is important to note that the property is currently undergoing environmental remediation due to contamination. Full environmental reports are available upon request, providing transparency and detailed information about the remediation process. The Hollywood Hills area is known for its scenic views, proximity to entertainment hubs, and vibrant urban lifestyle, making this property a unique opportunity for future development in a highly coveted location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,312 SF
Building Class
C
Year Built
1952
Price
$1,850,000
Price Per SF
$558.57
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.16 AC
Zoning
R4, Los Angeles
Parking
12 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Built out for Dry-Cleaning, contact broker for additional information.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,500 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 2,500 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 2,500 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Built out for Dry-Cleaning, contact broker for additional information.
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5575-002-017 | Improvements Assessment | $65,669 |
| Land Assessment | $1,641,894 | Total Assessment | $1,707,563 |
PROPERTY TAXES
Parcel Number
5575-002-017
Land Assessment
$1,641,894
Improvements Assessment
$65,669
Total Assessment
$1,707,563
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1901 Wilcox Ave
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