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.