1267-1277 N Wilton Pl
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1267-1277 N Wilton Pl
8,829 SF 100% Leased Office Building Los Angeles, CA 90038 For Sale
Investment Highlights
- 8,829-square-foot, two-story, freestanding retail and office building located on the hard corner of Wilton and Fountain in Hollywood
- Second floor features a large, communal and private patio area and six office suites, which may be combined
- Rear parking area provides additional income with signage leased by Lamar
- Ground floor consists of four retail units; three are vacant and one is occupied with lease ending in 2026
- Second floor units have private bathroom with shower and kitchenette, presenting live-work repositioning opportunity
- Surrounded by exceptional demand drivers including significant multifamily and office development with notable entertainment industry employers
Executive Summary
Value-Add Investment Opportunity in Hollywood
The overall footprint of the building is approximately 10,500 square-feet, which includes 920 square-foot communal space and 750 square-foot private deck.
The overall footprint of the building is approximately 10,500 square-feet, which includes 920 square-foot communal space and 750 square-foot private deck.
Financial Summary (Actual - 2021) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $167,362 | $18.96 |
Other Income | $844 | $0.10 |
Vacancy Loss | - | - |
Effective Gross Income | $168,205 | $19.05 |
Net Operating Income | - | - |
Financial Summary (Actual - 2021)
Gross Rental Income (CAD) | |
---|---|
Annual | $167,362 |
Annual Per SF | $18.96 |
Other Income (CAD) | |
---|---|
Annual | $844 |
Annual Per SF | $0.10 |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $168,205 |
Annual Per SF | $19.05 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Building Size
8,829 SF
Building Class
C
Year Built
1923
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,414 SF
Building FAR
0.88
Land Acres
0.23 AC
Opportunity Zone
Yes
Zoning
C2 - C2-2/P2 (TOC Tier 2)
Parking
6 Spaces (1 Space per 1,000 SF Leased)
Amenities
- Kitchen
- Roof Terrace
- Natural Light
- Outdoor Seating
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
Parcel Number | 5536-001-011 | Improvements Assessment | $598,353 CAD (2024) |
Land Assessment | $897,539 CAD (2024) | Total Assessment | $1,495,892 CAD (2024) |
PROPERTY TAXES
Parcel Number
5536-001-011
Land Assessment
$897,539 CAD (2024)
Improvements Assessment
$598,353 CAD (2024)
Total Assessment
$1,495,892 CAD (2024)
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1267-1277 N Wilton Pl
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