1030 Wilcox Avenue

Los Angeles, CA 90038

$1,650,000
Price
—
Beds
3,002 Sq. Ft.
$550 / Sq. Ft.
3,002
Sq. Ft.
$550
per Sq. Ft.

Description

Located in an Opportunity Zone, this property boasts six units situated in a prime Hollywood location. Featuring four charming cottage-style bungalows with one-bedroom each at the front, complemented by two additional one-bedroom units side-by-side at the rear. Enjoying a high walker score, residents can accomplish numerous daily errands without the need for a car, making it a paradise for pedestrians. Positioned conveniently close to several studios, the Metro Red Line is accessible with just a...Located in an Opportunity Zone, this property boasts six units situated in a prime Hollywood location. Featuring four charming cottage-style bungalows with one-bedroom each at the front, complemented by two additional one-bedroom units side-by-side at the rear. Enjoying a high walker score, residents can accomplish numerous daily errands without the need for a car, making it a paradise for pedestrians. Positioned conveniently close to several studios, the Metro Red Line is accessible with just a 23-minute walk. Nearby recreational amenities include Golds Gym, Hollywood Recreation Center, Hollywood Playground, and Hollywood Forever. With its proximity to entertainment venues, dining options, shopping centers, and employment opportunities in the media industry, these units experience high demand in the rental market. Moreover, commuting throughout Los Angeles to key areas such as Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea is easily manageable from this location.
  1. Listed by Joe Soto • DRE #01226548 • Brokerage DRE #01226548 • Soto Realty

Property Details for 1030 Wilcox Avenue

Total Units
6.0
Lot Size Source
Assessor
Building Area Total
3002
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Zoning
LAR3
Parcel Number
5533014017

Location

Listing Courtesy of Soto Realty, Joe Soto, DRE #01226548
Add your commute
LISTING UPDATED: 02/26/2024 05:07 AM

Property Details for 1030 Wilcox Avenue

StatusActive
MLS #SR24035697
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1925
Lot Size0.16 AC / 6,815 SF
CountyLos Angeles County

Location

Listing Courtesy of Soto Realty, Joe Soto, DRE #01226548
Add your commute

Building Information for 1030 Wilcox Avenue

Stories1Residences-Year Built1925Building Size-Lot Size0.16 AC / 6,815 SF

Payment Calculator

$9,484 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$479

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1030 Wilcox Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $74,712
  • Net Operating Income: $6,334
  • Laundry Income: $0
  • Other Income 1: $0
Expense Details
  • Operating Expense: $8,570
  • Expense Year: $2,023
  • Insurance Expense: $2,827
  • Water Sewer Expense: $6,175
  • Real Estate Tax Expense: $5,743
Tax / Assessment Info
  • Tax Year: 2023
  • Tax Annual Amount: $5,743
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
Exterior Features
  • Construction Materials: Stucco
  • Roof: Asphalt
  • Fence: No
  • Fencing: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Rectangular Lot
  • Land Use: Multi-Family
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 6
  • Unit Type Actual Rent: $8,386
  • Unit Type Area: 3002
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 6
  • Number Of Buildings: 5

Property History for 1030 Wilcox Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1030 Wilcox Avenue

Taxable ValueLand$174,817Additions$217,695Total$392,512
Tax Record2023$5,743 ($479 / month)
Home Facts
Total Finished SqFt3,002 SqFtAbove Grade Finished SqFt3,002 SqFtLot Size6,813 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningLAR3CountyLOS ANGELESAPN5533-014-017

Schools near 1030 Wilcox Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK to 5

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.

Similar Homes

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1030 Wilcox Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on February 24, 2024 by Soto Realty, it's currently listed at $1,650,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 1030 Wilcox Avenue is a 0-bed, 0-bath, 3,002 sqft multi-family home built in 1925.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Soto Realty, Joe Soto, DRE #01226548

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.