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$1,399,900
Est. payment /mo
4 Beds
4,503 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26089365
Bedrooms 4
Lot Size 4,503 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional LAR3 Development & Investment Opportunity in Prime Hollywood! Welcome to 1154 & 1156 N. Wilton Place, an outstanding investment opportunity located in one of Hollywoods most exciting and rapidly evolving neighborhoods. Situated on a 4,503-square-foot LAR3-zoned lot, this charming 1920 duplex features two spacious 2-bedroom, 1-bath residences totaling approximately 1,674 square feet of living space. The property is currently tenant occupied, providing immediate rental income while offering exceptional long-term upside. Whether youre an investor seeking stable cash flow, a developer exploring future possibilities, or an owner looking to expand your real estate portfolio, this property offers tremendous potential. Surrounded by ongoing residential redevelopment and significant new multifamily projects, the neighborhood continues to attract substantial private investment, reflecting the areas strong growth and increasing demand. Its central Hollywood location places you just minutes from Paramount Studios, Netflix, Sunset Gower Studios, Larchmont Village, Hollywood Boulevard, Downtown Los Angeles, restaurants, shopping, entertainment, Metro access, and major freeways, making it highly desirable for both residents and investors alike. The propertys desirable LAR3 zoning may provide exciting future development opportunities. Buyers are encouraged to conduct their own independent investigation with the City of Los Angeles regarding zoning, density, development standards, and any potential future use of the property. Whether youre looking for an income-producing duplex
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Melrose to Wilton
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5536007028
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Burcu Kayiran, DRE#01410006 Beverly & Company, Inc.
Nearby School & Business
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