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1030 Wilcox Avenue Los Angeles, CA $ 1,650,000
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$ 1,650,000 Get more info
1030 Wilcox Avenue
$ 1,650,000
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1030 Wilcox Avenue

Los Angeles, CA, 90038
$ 1,650,000
Baths0.0 Sq 3,002

Monthly Estimate*

$ 11,526

Listed by Soto Realty
1030 Wilcox Avenue, Los Angeles, CA 90038 - Image 1
1030 Wilcox Avenue, Los Angeles, CA 90038 - Image 2
1030 Wilcox Avenue, Los Angeles, CA 90038 - Image 3
1030 Wilcox Avenue, Los Angeles, CA 90038 - Image 4
1030 Wilcox Avenue, Los Angeles, CA 90038 - Image 5
Studio

Commercial Property for sale in Los Angeles, CA

for $1,650,000. This 3,002 square foot building was built in 1925 on a lot size of 0.1565.

Located in an Opportunity Zone, this property boasts six units situated in a prime Hollywood location. Featuring four charming cottage-style bungalows with one-bedroom each at the front, complemented by two additional one-bedroom units side-by-side at the rear. Enjoying a high walker score, residents can accomplish numerous daily errands without the need for a car, making it a paradise for pedestrians. Positioned conveniently close to several studios, the Metro Red Line is accessible with just a 23-minute walk. Nearby recreational amenities include Golds Gym, Hollywood Recreation Center, Hollywood Playground, and Hollywood Forever. With its proximity to entertainment venues, dining options, shopping centers, and employment opportunities in the media industry, these units experience high demand in the rental market. Moreover, commuting throughout Los Angeles to key areas such as Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea is easily manageable from this location.

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,743

Style

MultiFamily

Lot Size

0.1565

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24035697

Days on Market

63
Features
General
Cooling None
Utilities ElectricityConnected NaturalGasAvailable SewerConnected WaterConnected
Roof Asphalt
Zoning LAR3
Construction Materials Stucco
Year Built 1925
Electric ElectricityOnProperty
Property SubType MultiFamily
Tax Year 2023
County Los Angeles
Net Operating Income 6334.0
Operating Expense 8570.0
Insurance Expense 2827.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South of Santa Monica Blvd West of Vine East of Highland
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C20 - Hollywood
Lot Size Square Feet 6815.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 6
Street Name Wilcox
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5743.11
Home Warranty Y/N N
Water Sewer Expense 6175.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 2
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional MultiFamily
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Exterior
Fencing None
Lot Features RectangularLot
Water Source Public
Lot Size Area 6815.0
Number of Buildings 5
Spa N
Building Area Total 3002.0
Lot Size Acres 0.1565
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1030
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* Excluded Features
List By
Soto Realty

Broker

(323) 791-3456

Phone

Affordability Calculator

$12,004
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,526
Monthly Property Taxes
$479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/24/2024$1,650,000 Listed Price

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1030 Wilcox Avenue, Los Angeles, CA, 90038 is a Commercial Property for sale at $1,650,000 with 3,002 sqft and a lot size of 0.1565. 1030 Wilcox Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 90038 which is in Los Angeles, CA

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