Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 38 BR |
| Bathrooms: | 38 |
| Area: | 6133 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$3,600,000
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
1042 Wilcox Ave 38BR Hancock Park La
Description
1042 Wilcox Ave, a FULLY VACANT 38 unit apartment building located in the heart of Hollywood, a highly desirable neighborhood in Los Angeles, California. Cap rate and GRM are based on the post rennovation scheduled income of the property. The property offers flexibility to operate as a hotel or multifamily building, with potential for short-term rentals. Built in 1928, the property consists of (38) bachelor units. The building is 9,880 gross square feet and sits on a 6,131 square foot lot.
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
