1815 N Wilton Place, Hollywood, 90028

Residential - Single Family For Sale


MLS® #: SR18271564
Active, 101 Days on Market

This is a two-story Spanish Palladian single family residence currently being used as an income property, along with a detached Guest house. It currently brings in $9,310 per month, with one vacancy which usually rents out for $900 per month. The property will not be delivered empty at close of escrow, Buyer must calculate relocation expenses into price. This property is not registered with Rent Stabilization/Rent Control, but maybe categorized under these laws where tenants are eligible for relocation money. This SFR is ideal for a Buyer looking for strong supplemental income to help pay their mortgage and live rent free! On the other hand, a patient investor looking to reposition the property can capture its immediate upside, given its tremendous location and quality architecture. The annual income is consistly over $110,000, making this property +/- 4.6 CAP RATE ON EXISITING INCOME. The property has deferred maintenance and needs to get upgraded. Seller will only open escrow with Buyer with NO Physical inspection contingency, no exceptions. Buyer must conduct their physical inspections and hire 3rd party upfront. Guest house adds an additional 346 square feet to the leasable square footage on the premises, tax assessors show 2,892 square feet. Buyer to conduct their own independent investigations, Agents nor Seller makes no representations or warranties implied or expressed. The large lot provides plenty of rear parking with striped spaces in the backyard.

Essential Information

MLS® #: SR18271564
Price: $1,590,000
Bedrooms: 10
Bathrooms: 8.00
Full Baths: 8
Square Footage: 3,238
Acres: 0.20
Year Built: 1916
Type: Residential
Sub-Type: Single Family
Style: Spanish
Status: Active

Community Information

Address: 1815 N Wilton Place
Area: Hollywood (C20)
City: Hollywood
County: Los Angeles
State: CA
Zip Code: 90028


Parking Spaces: 1
Parking: Driveway - Concrete, Garage - Single Door, On Site, Unassigned
# of Garages: 1
View: Neighborhood
Pool: None


Cooling: Central A/C
Fireplace: Yes
Fireplaces: Family Room
# of Stories: 2
Stories: Two


Lot Description: Back Yard, Front Yard
Foundation: Raised

School Information

District: Los Angeles Unified

Additional Information

Date Listed: November 11th, 2018
Days on Market: 101

Listing Details

Listing Agent: Jay Martinez(01954238)
Listing Office: Hudson Commercial Partners, In


$/SqFt: $491

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Listing information last updated on February 21st, 2019 at 6:46pm PST.

Based on information from California Regional Multiple Listing Service, Inc. as of February 21st, 2019 at 6:26pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.