1833 N Wilton Place Hollywood, 90028

Bedrooms:
5
Bathrooms:
1
Square Feet:
2,400 sqft
Price $1,250,000 .00
Approx /month
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Sale Price:
$1,250,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Property Description

This is a Story Book Craftsman style single family residence currently being used as an income property, which is mastered leased out to one individual. It currently brings $4,750per month and the tenant sub-leases rooms out to other people. Buyer must calculate relocation expenses into price. This property is not registered with Rent Stabilization /Rent Control, although unlikely categorized under these laws where Tenants are eligible for relocation money. This SFR is ideal for a Buyer looking for a value added opportunity, with a below market price per foot on building and leaving upside potential. On the other hand, an Investor looking to reposition the property can capture its immediate upside, given its tremendous location, quality architecture, and ADU potential. The property has deferred maintenance and needs to get upgraded. Seller will only open escrow with Buyer with NO Physical inspection contingency, no exceptions and Seller will NOT vacant the premises prior to closing escrow. Buyer must conduct their physical inspections and hire 3rd party upfront, prior to opening escrow. Buyer to conduct their own independent investigations, Agents nor Seller makes no representations or warranties of any kind implied or expressed. The large lot provides plenty of rear parking for tenants with striped spaces in the backyard. The large lot of over 8,000sf lends itself to an ADU, up to 1,200sf of additional square footage in the rear portion of this lot.

General Information

Price:
$1,250,000
Status:
Listing Updated:
1/7/2019
List Date:
11/11/2018
Square Feet:
2,400
Bedrooms:
5
Bathrooms:
1
Garage Spaces:
0
Year Built:
1911
City:
Hollywood
Zip:
90028
County:
Los Angeles
MLS ID:
SR18271862
Listing Broker:
Hudson Commercial Partners, In

Home Features

Interior Features:
Exterior Features:
Kitchen Features:
Eating Area:
Bath Features:
Appliances:
Flooring:
Laundry:
None
Architectural Style:
Levels:
Two
Fireplace Features:
See Remarks
Cooling:
Central
Heating:
Central Furnace
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Rooms Included:
Basement
Accessibility Features:

Community Information

MLS Area:
C20 - Hollywood

Lot Information

Lot Size (sq feet):
8,107

Location Information

Directions:
Just south of Franklin, on the westside of North Wilton Place and North of Hollywood Blvd.