$3,600,000
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.
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Listed by Michael Kamara with Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
Property Type
Residential Income
Status
Active
MLS Number
26680225
Year Built
1928
Lot Size
6,133 sq ft