1224 Wilcox Ave

Los Angeles, CA 90038

$1,100,000
Price
5
Beds
4
Baths
2,038 Sq. Ft.
$540 / Sq. Ft.
2,038
Sq. Ft.
$540
per Sq. Ft.
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Description

The LAAA Team of Marcus & Millichap is pleased to present 1224 N Wilcox Avenue, a three-unit multifamily property located in the heart of Hollywood's Transit-Oriented Core. Positioned within a TOC Tier 3 zone and surrounded by major employment, transit,and entertainment hubs, the property offers investors a well maintained,low-intensity asset with light value-add potential and stable cash flow in one of Los Angeles's most consistently rented submarkets. Built in 1932 and 1961, the property comprises...The LAAA Team of Marcus & Millichap is pleased to present 1224 N Wilcox Avenue, a three-unit multifamily property located in the heart of Hollywood's Transit-Oriented Core. Positioned within a TOC Tier 3 zone and surrounded by major employment, transit,and entertainment hubs, the property offers investors a well maintained,low-intensity asset with light value-add potential and stable cash flow in one of Los Angeles's most consistently rented submarkets. Built in 1932 and 1961, the property comprises two detached structures totaling 2,038 square feet on a 4,740-square-footRD1.5-1XL lot. The front duplex includes two one-bedroom, one bath units, while the rear standalone house features a three bedroom, two-bath layoutideal for owner-occupancy or premium rental positioning. All three units are individually metered, RSO-subject, and currently occupied, providing reliable in-place income and approximately 14% upside in rents through natural turnover and light cosmetic upgrades. Recent capital work includes a complete roof replacement (2019, finaled permit), providing peace of mind for long-term ownership. The property shows no deferred maintenance, is not subject to seismic retrofit, and sits outside all major hazard zones including flood, fire, and methane. With no open code violations and strong zoning fundamentals, 1224 N Wilcox presents an ideal first-time or exchange investment that combines stable returns, zoningflexibility, and long-term land security. Located one block north of Fountain Avenue, the property benefits from exceptional access to US-101, Metro transit lines, and neighborhood amenities including the Hollywood Recreation Center, Netflix Studios, and Kaiser Permanente Medical Center. Investors can expect steady occupancy, consistent rent growth, and future appreciation supported by Hollywood's continued revitalization and constrained multifamily supply.

Property Details for 1224 Wilcox Avenue

Zoning
LARD1.5
Parcel Number
5533004001
Total Units
3.0
Living Area
2038
Source Living Area
Assessor
Area
Hollywood (C20)
Vacancy Rate
0%
Lot Size Area
4742
LISTING UPDATED: 10/17/2025 02:51 PM

Property Details for 1224 Wilcox Avenue

StatusActive
MLS #25607609
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size0.11 AC / 4,742 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976
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Building Information for 1224 Wilcox Avenue

Stories-Residences-Year Built1932Building Size-Lot Size0.11 AC / 4,742 SF

Payment Calculator

$6,448 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,435

Property Taxes

$1,013

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1224 Wilcox Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Residential
Contract Info
Contract Info
  • Financing: Cash
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $78,708
  • Net Operating Income: $49,204.00
  • Gross Income: $78,708
  • Cap Rate: 4.47%
  • Gross Rent Multiplier: $13.98
  • Total Annual Expense: 29504
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1089
  • Lot Size Square Feet: 4742
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 5
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-17-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,673.00
  • Unit Actual Rent: $3,346.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,213.00
  • Unit Actual Rent: $3,213.00
  • Unit Projected Rent: $3,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $289,493.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $675,485.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $964,978.00

Property History for 1224 Wilcox Avenue

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Listed (Active)

CRMLS #25607609

$1,100,000—
Oct 9, 2025

Listed (Active)

CLAW #25607609

$1,100,000—
Aug 21, 2019

Sold

SDMLS #PW19150916

$900,000—
Aug 21, 2019

Sold

CLAW #PW19150916MR

$900,000—
Aug 21, 2019

Sold

CRMLS #PW19150916

$900,000—
Aug 12, 2019

Sold (Public Record)

Public Record #650898596

$900,000—
Aug 6, 2019

Pending

CRMLS #PW19150916

—
Aug 5, 2019

Hold

CRMLS #PW19150916

—
Aug 5, 2019

Pending

CRMLS #PW19150916

—
Aug 5, 2019

Pending

CLAW #PW19150916MR

—
Jul 22, 2019

Listed (Active)

SDMLS #PW19150916

$900,000—
Jul 22, 2019

Listed (Active)

CLAW #PW19150916MR

$900,000—
Jul 22, 2019

Listed (Active)

CRMLS #PW19150916

$900,000—
Oct 4, 1996

Sold

CLAW #621952

$115,000—
Aug 6, 1996

Pending

CLAW #621952

—
Jul 15, 1996

Listed (Active)

CLAW #621952

$115,000—
DateEvent & SourcePrice
10/09/2025

Listed (Active)

CRMLS #25607609

$1,100,000
10/09/2025

Listed (Active)

CLAW #25607609

$1,100,000
08/21/2019

Sold

SDMLS #PW19150916

$900,000
08/21/2019

Sold

CLAW #PW19150916MR

$900,000
08/21/2019

Sold

CRMLS #PW19150916

$900,000
08/12/2019

Sold (Public Record)

Public Record #650898596

$900,000
08/06/2019

Pending

CRMLS #PW19150916

—
08/05/2019

Hold

CRMLS #PW19150916

—
08/05/2019

Pending

CRMLS #PW19150916

—
08/05/2019

Pending

CLAW #PW19150916MR

—
07/22/2019

Listed (Active)

SDMLS #PW19150916

$900,000
07/22/2019

Listed (Active)

CLAW #PW19150916MR

$900,000
07/22/2019

Listed (Active)

CRMLS #PW19150916

$900,000
10/04/1996

Sold

CLAW #621952

$115,000
08/06/1996

Pending

CLAW #621952

—
07/15/1996

Listed (Active)

CLAW #621952

$115,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1224 Wilcox Avenue

Taxable ValueLand$688,994Additions$295,282Total$984,276
Tax Record2025$12,152 ($1,013 / month)
Home Facts
Total Finished SqFt2,038 SqFtAbove Grade Finished SqFt2,038 SqFtLot Size4,740 SqFtStyleTriplexYear Built1932ZoningLARD1.5CountyLOS ANGELESAPN5533-004-001

Schools near 1224 Wilcox Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Vine Street Elementary School
Public - K to 6
Hubert Howe Bancroft Middle School
Public - 6 to 8
Hollywood Senior High School
Public - 9 to 12
Larchmont Charter School
Charter - K to 12
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1224 Wilcox Avenue, Los Angeles, CA 90038

1224 Wilcox Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on October 9, 2025 by Marcus & Millichap, it's currently listed at $1,100,000. It has been on the market for a total of 56 days and was last sold on August 21, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1224 Wilcox Avenue is a 5-bed, 4-bath, 2,038 sqft multi-family home built in 1932.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.