971 N Wilton Place, Los Angeles, CA 90038 - Berkshire Hathaway HomeServices California Properties
971 N Wilton Place Los Angeles, CA 90038
$1,199,995 7 beds, 4 baths
2, 654 sqft

Agent Remarks

A triplex in one of the hottest neighborhoods in rapidly changing Hollywood! We are pleased to present 971 N. Wilton Place. 3 existing units in the heart of Hollywood, with on-site parking & a private yard! Potential Owner/Users can enjoy the prospect of development while residing in the embodiment of the Southern California Dream; Hollywood. This RD1.5XL Zoned property boasts the ability to build 5 UNITS BY RIGHT (Small Unit Subdivision), or 8 UNITS utilizing TOC TIER 2, and is in the midst of revitalization and growth. A prime investment opportunity, this building also has a rare feature, in that the back unit was built in 2011, and is not subject to rent control ordinance! (Buyers to confirm with city and are solely responsible for all investigations).Additionally, Owner/Users can fully renovate & live in a unit, while their tenants help pay the mortgage! Walking distance to Paramount Pictures Studio! Buyer to participate in a 1031 Exchange at no extra charge to the buyer.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25492999
List price is $1,199,995
Beds: 7
Baths: 4
Built in 1913
2,654 sqft
0.16 acres
Lot size: 0.1550
County: Los Angeles
Zoning: LARD1.5
Parking description: Side By Side,Uncovered
Heating/cooling: None
Heating description: None
MLS area: C20 - Hollywood

Last Updated: 2/19/2025

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.088235, -118.313870.
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Listing Agent: Sonny Shackelford
Lic#: 01801928
Office Name: Sherman Oaks

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