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1016 Wilcox Avenue
Los Angeles, CA 90038
Sold
1016 Wilcox Avenue
Los Angeles, CA 90038
Sold
We are pleased to present 1016 N Wilcox Avenue, located in the prime Hollywood 90038 zip code. This property presents an exciting value add investment opportunity with low in place current rents & strong upside potential.Existing upgrades include new windows throughout, completed seismic retrofit work, providing added safety and peace of mind for tenants. In addition, on-site laundry facilities make this property an attractive option for renters. Several of the units have already been upgraded with new floors, quartz counter tops, new cabinetry & stainless steel appliances, providing nice appeal for tenants & a head start on improvements for the next owner. The central location of 1016 N Wilcox Avenue is also a major selling point, situated within close proximity to all the popular Hollywood shops, restaurants, businesses, and night life. This convenience factor is sure to be a draw for potential tenants. Furthermore, the area is experiencing an influx of new construction at higher rental costs, which surely will drive value seeking, would be renters to nearby, more affordable residences such as what 1016 N Wilcox offers.
PROPERTY INFORMATION
| MLS # | 23250105 | Lot Size | 6,812 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,445,000
Price Per SqFt: $ 353 |
DOM | 784 Days |
| Address | 1016 Wilcox Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 6,918 Sq. Ft. |
| Postal Code | 90038 | Garage | N/A |
| County | Los Angeles | Year Built | 1958 |
| Bed / Bath | 9 / 0 | Parking | 6 |
| Built In | 1958 | Status | Closed |
| Sold Date | 2023-05-30 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| SecuritySafety | Gated Community |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,608
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/30/2023 | Sold | $2,390,000 |
| 04/19/2023 | Active Under Contract | $2,445,000 |
| 03/11/2023 | Listed | $2,445,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Glenn Brander, Miller & Desatnik Realty Co.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
