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1812 Wilcox Ave, Los Angeles, CA 90028
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1812 Wilcox Ave Los Angeles, CA 90028

$6,850,000 Sold Price as of 06/25/2019
  • 14 Beds
  • 24 Baths
  • 15,596 Sq.Ft.
Sold
$6,850,000 Sold Price as of 06/25/2019 Refinance Your Mortgage
Map preview of 1812 Wilcox Ave, Los Angeles, CA 90028

Property Overview: 1812 Wilcox Ave Los Angeles, CA has 14 bedrooms, 24 bathrooms, 15,596 living square feet and 23,214 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present The Wilcox Gateway Apartments, a 24-unit investment opportunity spread across 4 properties and 4 separate/contiguous parcels zoned R4 and located at 1830 Wilcox Avenue within the heart of Hollywood (90028). 1812 Wilcox Avenue Built in 1919, the property is Seven (7) units and is comprised of (+/- 5,100 SF of improvements) on a large 9,690 parcel of land. 1822 Wilcox Avenue Built in 1986, this property is NOT subject to Los Angeles Rent Control. It consists of Five (5) units and comprised of (+/- 3,170 SF of improvements) on a 4,788 square foot lot. 1824 Wilcox Avenue Built in 1920, this property is Six (6) Units and is comprised of (+/- 3,480 SF of improvements) on a 4,560 square foot lot. The unit mix consists of Four (4) One Bedroom - One Bathroom and Two (2) Single apartment units.1830 Wilcox Avenue Built in 1923, this property is Six (6) Units and is comprised of (+/- 3,846 SF of improvements) on a 4,176 square foot lot.Full OM available.

Listed by Adam Zunder | BRE #01821053 | Keller Williams Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 133

Home details

Lot Sq. Ft
23,214
HOA Dues
$0/mo
Year built
1919
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19433416
City
Los Angeles
County
Los Angeles
Time on Site
1211 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $13,215
  • Total Rent: $13,215
  • Pro Forma/Market Rent: $15,300
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $16,026
  • Total Rent: $16,026
  • Pro Forma/Market Rent: $18,600
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $4,765
  • Total Rent: --
  • Pro Forma/Market Rent: $4,590
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: --
  • Net Operating Income: $332,095
  • Gross Operating Income: $513,698
  • Improvements Total: $612,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1812 Wilcox Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: See Remarks
Property Information
  • Total # of Units: 24
  • Parcel Number: 5546001009
Location / Neighborhood
Location Information
  • Directions: Located in prime Hollywood. Just east of the Magic Caste, South of Franklin, north of Yucca and West of the 101 Freeway.
View more facts & features

Local Los Angeles Agent

Sale History for 1812 Wilcox Ave

Last sold for $1,608,000 on October 21st, 2020

  • October, 2020

  • Oct 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,608,000

    Price

  • June, 2019

  • Jun 26, 2019

    Date

    Sold

    CRMLS: 19433416

    $6,850,000

    Price

  • Mar 21, 2019

    Date

    Price Change

    CRMLS: 19433416

    $6,850,000

    Price

  • Feb 12, 2019

    Date

    Active

    CRMLS: 19433416

    $6,950,000

    Price

  • June, 2019

  • Jun 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $6,850,000

    Price

Show More

Tax History for 1812 Wilcox Ave

Assessed Value (2020): $2,096,300
Year Land Value Improved Value Assessed Value
2020 $1,466,760 $629,540 $2,096,300

Home Value Compared to the Market

This property vs the competition

1812 Wilcox Ave sold on June 25, 2019 for 475.63% higher 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 $439.22 per/sqft which puts the price per square foot 41.83% lower than the current median sale per square foot for the city of Los Angeles.

About 1812 Wilcox Ave

Detailed summary of property

1812 Wilcox Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 14 bedrooms, 24 bathrooms, roughly 15,596 living square feet, and sits on an approximately 23,214 square foot lot. 1812 Wilcox Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $6,850,000. 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 475.63% higher than the current median priced home. Local homes that are currently for sale include 500 S Union Ave, 1975 S Corning St and 1615 Park Ave. While the average home in Los Angeles, CA is selling in 94 days, 1812 Wilcox Ave has a days on market of 133 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1812 Wilcox Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1812 Wilcox Ave

Public county record property details
Beds
6
Baths
7
Year built
1919
Sq. Ft.
5,100
Lot Size
9,690
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11,13
APN
5546-001-009

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
34
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

Thinking of Selling?

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(714) 706-1823

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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.

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