1224 Wilcox Ave - Apartments FOR SALE
Los Angeles, CA 90038 |
1224 Wilcox Ave
Los Angeles, CA 90038
HIGHLIGHTS
- Stabilized Triplex in Prime Hollywood Fully occupied three-unit property offering dependable cash flow and low management intensity.
- Recent Roof Replacement (2019) Finaled permit for Class A/B Cool Roof installation ensures reduced deferred maintenance exposure.
- Light Value-Add Opportunity with 14 Percent Rent Upside Below-market rents allow for measured income growth through natural turnover.
- Cheapest 3-Unit Property in 90038 Zip Code Among all active listings in the 90038 market area.
- RSO Protection + Stable Tenancy Rent Stabilization Ordinance governs moderate rent growth while preserving long-term occupancy stability.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Prime Hollwood | Triplex Gem
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
2038
STORIES
1
YEAR BUILT
1932
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5533-004-001
