NOT LISTED FOR SALE
38 Beds
24 Baths
15,596 Sq Ft
0.53 Acres

Last Sold June 25, 2019

Last sale price $6,850,000 $439 Per Sq Ft

133 Days on Market

About This Home

As of June 2019

We are pleased to present The Wilcox Gateway Apartments, a 24-unit investment opportunity spread across 4 properties and 4 separate/contiguous parcels zoned R4 and located at 1830 Wilcox Avenue within the heart of Hollywood (90028). 1812 Wilcox Avenue Built in 1919, the property is Seven (7) units and is comprised of (+/- 5,100 SF of improvements) on a large 9,690 parcel of land. 1822 Wilcox Avenue Built in 1986, this property is NOT subject to Los Angeles Rent Control. It consists of Five (5) units and comprised of (+/- 3,170 SF of improvements) on a 4,788 square foot lot. 1824 Wilcox Avenue Built in 1920, this property is Six (6) Units and is comprised of (+/- 3,480 SF of improvements) on a 4,560 square foot lot. The unit mix consists of Four (4) One Bedroom - One Bathroom and Two (2) Single apartment units.1830 Wilcox Avenue Built in 1923, this property is Six (6) Units and is comprised of (+/- 3,846 SF of improvements) on a 4,176 square foot lot.Full OM available.

Last Agent to Sell the Property

Adam Zunder

Iconic Investments License #01821053 Listed on: 02/11/2019

Co-Listed By

Rich Johns

KW Commercial Studio City License #01432215

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.53 Acre Lot

Interior Spaces

  • 15,596 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 38 Bedrooms
  • 24 Bathrooms

Parking

  • 22 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Buildings
  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number 5546-001-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 15596
  • Stories: 2
  • Year Built: 1919
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 38
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 24.00
  • Den: 0
  • Price Per S Q F T: 439.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 22

Lot Info

  • Assessed Improvement Value: 612000
  • Assessed Land Value: 1428000
  • Assessor Parcel Number: 5546-001-009
  • Geocode Override: No
  • Lot Size Area: 23214

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 24
  • Total Annual Expense: 171329
  • Type Of Units: Apartments
  • Vacancy Rate: 2%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $6,850,000 0.0% $439 / Sq Ft
03/20/2019 03/20/19 Price Changed $6,850,000 -1.4% $439 / Sq Ft
02/11/2019 02/11/19 For Sale $6,950,000 +58.0% $446 / Sq Ft
10/06/2014 10/06/14 Sold $4,400,000 -6.4% $282 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $4,700,000 -- $301 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-433416

The MLS