310-806-6126
1550 Wilcox Ave, Los Angeles, CA for Sale
Apartments - FOR SALE
1/3
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1550 Wilcox Ave
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • Offered as an Owner User Opportunity or a Leased Investment
  • Potential for repositioning as co-living, transitional or supportive housing
  • Prime Hollywood location, situated among hip & vibrant retail, restaurants and nightclubs, surrounded with new development
  • Located in an Opportunity Zone & State Enterprise Zone
  • Steps from Thompson Hotel, Mother Wolf, Mama Shelter, Dream Hotel, TAO, and Hollywood Walk of Fame
  • Easy walk to the Metro Station at Hollywood & Vine, close proximity to the 101 FWY and connected to the Greater Los Angeles freeway system

OVERVIEW

NAI Capital Commercial, Inc. is pleased to offer exclusively for sale, the fee-simple interest in The Gilbert. Built in 1925. The Gilbert is a charming residential building in Hollywood, California, featuring 68 renovated units that can accommodate 144 beds. ¦ Offered as an Owner User Opportunity or a Leased Investment ¦ Potential for repositioning as co-living, transitional or supportive housing ¦ Repositioning to include ground floor retail ¦ Current use is triple net master-leased student housing ¦ Each unit built out with renovated full bathrooms, closets and AC units ¦ Elevator and Skylight ¦ Large interior courtyard ¦ Gated, secure compound with guard station ¦ Large common area spaces including: lobby, lounge, community kitchen, dining area, computer lab/offices, business center, fitness room, and 2 laundry rooms

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

68

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

LAC4

APN/PARCEL ID

5546-013-002

ASK ABOUT THIS PROPERTY

Kay Sasatomi, CCIMNAI CapitalMore Info
310-806-6126

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Kay Sasatomi, CCIMNAI CapitalMore Info
310-806-6126

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.