1732 N Wilton Pl - Apartments FOR SALE


Los Angeles, CA 90028- Hollywood
$2,750,000 USD
310-279-7779
1732 N Wilton Pl, Los Angeles, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/33
null | 7.37% Cap Rate

1732 N Wilton Pl
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • 12 Units in Prime Hollywood - A Newly Renovated Building
  • A True 7.3% CAP Rate on Actual Income
  • 9.07 GRM in the Heart of Hollywood
  • New Construction 2-Bedroom ADU Built on the Lot
  • Over $800,000 in Capital Improvements Completed
  • New Building Systems - New Roof, Re-piped Plumbing, Electrical Upgrades and New HVAC

OVERVIEW

Nami Investment Group is proud to present a 9-unit property in a prime Hollywood location on 1732 Wilton Place. The property presents a rare opportunity to acquire a newly renovated building delivering a true 7.3% cap rate on actual income and a highly attractive 9.07 GRM. The offering includes a brand-new, ground-up constructed 2-bedroom ADU, further enhancing income potential and long-term value. Ownership has invested over $800,000 in capital improvements, ensuring a turnkey asset with minimal near-term expenses. Major upgrades include a new roof, fully re-piped plumbing, electrical upgrades, new HVAC units, and updated interiors throughout with high-end finishes. The property also benefits from on-site parking, a very highly desirable amenity in the Hollywood market. Ideally situated just north of Hollywood Boulevard and east of Gower Street, the building is surrounded by new retail developments, popular dining destinations, and vibrant entertainment venues—all within walking distance. This combination of strong in-place income, significant upgrades, and a highly sought-after location makes the property a compelling investment in one of Los Angeles’ most dynamic rental markets.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$508 USD /SF

# OF UNITS

12

PRICE/UNIT

$229,167

CAP RATE

7.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1917

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LARD1.5

APN/PARCEL ID

5544-002-011

ASK ABOUT THIS PROPERTY

Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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