$1,299,995
971 N Wilton PL Los Angeles, CA 90038
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$1,299,995
Est. payment /mo
7 BD
4 BA
2,654 SqFt
Price Dropped by $50K
971 N Wilton PL Los Angeles, CA 90038
UPDATED:
10/15/2024 09:05 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,654 sqft
Price per Sqft $489
MLS Listing ID 24439983
Bedrooms 7
HOA Y/N No
Year Built 1913
Lot Size 6,751 Sqft
Property Description
A triplex in one of the hottest neighborhoods in rapidly changing Hollywood! We are pleased to present 971 N. Wilton Place. 3 existing units in the heart of Hollywood, with on-site parking & a private yard! Potential Owner/Users can enjoy the prospect of development while residing in the embodiment of the Southern California Dream; Hollywood. This RD1.5XL Zoned property boasts the ability to build 5 UNITS BY RIGHT (Small Unit Subdivision), or 8 UNITS utilizing TOC TIER 2, and is in the midst of revitalization and growth. A prime investment opportunity, this building also has a rare feature, in that the back unit was built in 2011, and is not subject to rent control ordinance! (Buyers to confirm with city and are solely responsible for all investigations).Additionally, Owner/Users can fully renovate & live in a unit, while their tenants help pay the mortgage! Walking distance to Paramount Pictures Studio! Buyer to participate in a 1031 Exchange at no extra charge to the buyer.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage Side By Side, Uncovered
Attached Garage Yes
Total Parking Spaces 4
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5536016006
Special Listing Condition Standard
Listed by Sonny Shackelford • Nicholas Property Group
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