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1224 Wilcox Ave Los Angeles, CA 90038

$900,000 Sold Price as of 08/21/2019

5 Beds
4 Baths
2,038 Sq.Ft.

Sold

$900,000 Sold Price as of 08/21/2019 Refinance Your Mortgage

Map preview of 1224 Wilcox Ave, Los Angeles, CA 90038

Property Overview: 1224 Wilcox Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,038 living square feet and 4,740 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well positioned in the heart of Hollywood, this 3-Unit, corner lot property is an amazing opportunity for any buyer, investor or developer. First unit (1220 Wilcox Ave) consists of 1 Bedroom & 1 bath and spacious kitchen. The Bedroom of this unit is spacious, bright and airy and features a unique coved ceiling. The second unit (1222 Wilcox Ave) also consists of 1 Bedroom & 1 bath. The third unit (1224 Wilcox Ave.) is a spacious corner property with a desirable open floor plan. This property consists of 3 bedrooms, 2 baths and a sizable backyard / parking area. With its short distance to Sunset Blvd, Hollywood Bowl, Pantages Theatre, Hollywood Palladium, Metro, Walk of Fame, restaurants and more, this property is prime Hollywood real estate.

Listed by Theresa La Roche | BRE #00815018 | Keller Williams Rlty Whittier

Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft: 4,740
HOA Dues: $0/mo
Year built: 1932
Garage: --
Property Type:: Triplex

Status: Sold
MLS#: PW19150916
City: Los Angeles
County: Los Angeles
Time on Site: 1215 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1
# of Electric Meters: 3
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,550
Total Rent: $1,550

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 2
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $3,100
Total Rent: $3,100

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $6,350
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 1224 Wilcox Ave

Interior Features

Laundry Information

Has Laundry
In Kitchen, Outside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 5

Lot Information

Lot Features: Corner Lot
Lot Size Source: Assessor

Property Information

Common Walls: No Common Walls
Total # of Units: 3
Parcel Number: 5533004001
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Located off Santa Monica Blvd. & Wilcox Ave.

Neighborhood Information

Community Features: Sidewalks, Storm Drains, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 1224 Wilcox Ave

Last sold for $900,000 on August 21st, 2019

August, 2019
Aug 21, 2019

Date

Sold

CRMLS: PW19150916

$900,000

Price
Aug 6, 2019

Date

Pending

CRMLS: PW19150916

$900,000

Price
Aug 5, 2019

Date

Hold

CRMLS: PW19150916

$900,000

Price
Jul 23, 2019

Date

Active

CRMLS: PW19150916

$900,000

Price
August, 2019
Aug 21, 2019

Date

Sold (Public Records)

Public Records

$900,000

Price
March, 1997
Mar 18, 1997

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1224 Wilcox Ave

Assessed Value (2020): $900,000

Year	Land Value	Improved Value	Assessed Value
2020	$630,000	$270,000	$900,000

Home Value Compared to the Market

This property vs the competition

1224 Wilcox Ave sold on August 21, 2019 for 24.37% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $441.61 per/sqft which puts the price per square foot 41.51% lower than the current median sale per square foot for the city of Los Angeles.

About 1224 Wilcox Ave

Detailed summary of property

1224 Wilcox Ave is a triplex that recently sold in Los Angeles, CA 90038. This triplex offered 5 bedrooms, 4 bathrooms, roughly 2,038 living square feet, and sits on an approximately 4,740 square foot lot. 1224 Wilcox Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.37% lower than the current median priced home. Local homes that are currently for sale include 1411 Menlo Ave, 2001 S Congress Ave and 235 Crandall St. While the average home in Los Angeles, CA is selling in 93 days, 1224 Wilcox Ave has a days on market of 14 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1224 Wilcox Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1224 Wilcox Ave

Public county record property details

Beds: 3
Baths: 3
Year built: 1932
Sq. Ft.: 2,038
Lot Size: 4,740
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 5533-004-001

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,299,000

Median List Price/Sq.Ft.

$706

Median Sold Price

$715,000

Median Sold Price/Sq.Ft.

$659

Total Inventory

Median Sale to List Price %

79.44%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.