1267-1277 N Wilton Pl - Office/Residential FOR SALE


Los Angeles, CA 90038- Hollywood
$4,600,000 USD
310-266-3648
1267-1277 N Wilton Pl, Los Angeles, CA for Sale
$4,600,000 USD
Office/Residential - FOR SALE
1/14
null | Request Cap Rate

1267-1277 N Wilton Pl
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • An 8,829-square-foot, two-story, mixed-use freestanding building with residential or office space above a commercial ground floor
  • Building is currently 31% occupied, with the last remaining lease set to expire in 2026
  • The second floor includes a spacious communal and private patio area, along with six residential units that were previously used as office suites
  • Second floor units have private bathroom with shower and kitchenette, presenting live-work repositioning opportunity
  • Rear parking area provides additional income with signage leased by Lamar
  • Surrounded by exceptional demand drivers including significant multifamily and office development with notable entertainment industry employers

OVERVIEW

Kidder Mathews and Lee & Associates Investment Services Group are excited to present the sale of 1267-1277 N. Wilton Place, a 8,829-square-foot, two-story freestanding retail and office building located in the heart of Hollywood, Los Angeles. The building’s total footprint is approximately 10,500 square feet, which includes a 920-square-foot communal space and a 750-square-foot private deck. Positioned at the hard corner of Wilton Place and Fountain Avenue, the ground floor features four retail units—three of which are vacant, while one is occupied with a lease expiring in 2026. The second floor includes a spacious communal area and six residential units, previously used as office suites, which can be combined. Each unit is equipped with a private bathroom (including a shower) and kitchenette, offering a prime opportunity for repositioning as live-work units. Additionally, the rear parking area generates extra income from signage leased by Lamar. The property is surrounded by strong demand drivers, including substantial multifamily and office development, and is within close proximity to major entertainment employers such as Netflix, Viacom, and Technicolor. Located within a Federally Qualified Opportunity Zone, it offers easy access to the 101 Freeway and is just half a mile from the Hollywood/Western Metro station. The intersection of Fountain Avenue and Wilton Place sees a daily traffic count of 28,072 vehicles. The property is being offered for sale at $4,600,000.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C2

APN/PARCEL ID

5536-001-011

ASK ABOUT THIS PROPERTY

Jesse MunozLee & Associates - ISGMore Info
310-266-3648

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Jesse MunozLee & Associates - ISGMore Info
310-266-3648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.