971 N Wilton Place, Los Angeles, CA 90038 - Berkshire Hathaway HomeServices California Properties

971 N Wilton Place, Los Angeles, CA 90038

$1,199,995 Approx. USD 7 beds, 4 baths
2,654 sqft

Listing Agent


Sonny Shackelford | S.Shack85@gmail.com
Lic#: 01899698
Broker: Courtesy of Nicholas Property Group

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
Price: $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

 Days On Market (DOM): 65

 Find more Los Angeles homes and real estate

 Find more homes in 90038 zip code

This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.088235, -118.313870.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90038 Area Map

Demographics

Schools

Near by

Similar Listings