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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.

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
Office
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 26215035

  • Date on Market: 2022-07-20

  • Last Updated:

  • Address: 1267-1277 N Wilton Pl, Los Angeles, CA 90038

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