Wilton Place Apartments - a 12-unit 1917 Craftsman in the heart of Hollywood, gut-renovated in 2021, offered at $2,850,000. Ten renovated studios, a newly built detached 2-bed/2-bath ADU (master-leased) and a live/work penthouse, plus a 10-space on-site parking lot. Character details include stained glass and original staircases. Priced at a 5.72% in-place cap rising to a 6.57% pro forma, with upside from leasing the vacant parking spaces, studio mark-to-market and by-right ADU density. Buyer to verify all figures, unit legality and square footage.
| MLS # | SR26162862 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1917 |
| Days On Site | 49 |
| Listing Provided By | Altman Apartments LLC | Logan Altman |
| SQ Feet | 5,154 |
|---|---|
| Story(s) | 3 |
| Units | 12 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.17 |
| Lot Features | Near Public Transit |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90028 |
| Area | C20 Hollywood |
| Listing VS Median (in 90028) | |
Price: $2,850,000 low | high Med: $2,850,000 sqft: 5,154 low | high Med: 4,328 $ / sqft: $553 low | high Med: $659 On site: 49 low | high Med: 5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90028 |
| Area | C20 Hollywood |
| Listing VS Median (in 90028) | |
Price: $2,850,000 low | high Med: $2,850,000 sqft: 5,154 low | high Med: 4,328 $ / sqft: $553 low | high Med: $659 On site: 49 low | high Med: 5 | |