747 N Wilton Pl, Los Angeles, CA 90038
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747 N Wilton Pl Los Angeles, CA 90038

$1,569,000
  • 4 Beds
  • 4 Baths
  • 1,800 Sq.Ft.
For Sale
$1,569,000 Get Pre-Qualified

Map preview of 747 N Wilton Pl, Los Angeles, CA 90038

Property Overview: 747 N Wilton Pl Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,800 living square feet and 6,076 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Experience the epitome of Hollywood living with easy access to the vibrant nightlife and shopping destinations that define this renowned entertainment hub. Indulge in world-class dining, entertainment, and cultural experiences, all just moments away from your doorstep.Meticulously renovated to the highest standards, each unit of this duplex exudes modern luxury and sophistication. Featuring 2 bedrooms and 2 bathrooms in each unit, the duplex offers spacious living areas designed for comfort and style.A unique feature of this property is the garage, offering potential for an Additional Dwelling Unit (ADU), providing versatility and added value to this already exceptional property. Whether you're looking for a luxurious residence or a savvy investment opportunity, this Hollywood duplex is sure to exceed your expectations.

Listed by Shiva Mehrdad | BRE #01279649 | Power Brokers
Last checked: 2 minutes ago | Last updated: May 10th, 2024 | Source CRMLS | DOM: 1
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Home details

Lot Sq. Ft
6,076
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24390091
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,300
  • Total Rent: $4,300
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.11
  • Gross Scheduled Income: --
  • Net Operating Income: $80,850
  • Gross Operating Income: $105,600
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 747 N Wilton Pl

Interior Features
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Cooktop, Oven
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 2
  • Parcel Number: 5535003011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: BETWEEN MELROSE AVE AND WILTON PL
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Sale History for 747 N Wilton Pl

Last sold for $1,200,000 on June 23rd, 2021
  • May, 2024

  • May 10, 2024

    Date

    Active

    CRMLS: 24390091

    $1,569,000

    Price

  • February, 2023

  • Feb 10, 2023

    Date

    Canceled

    CRMLS: 22197971

    $1,600,000

    Price

  • Sep 9, 2022

    Date

    Active

    CRMLS: 22197971

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to announce the exclusive listing for sale of 747 North Wilton Place, Los Angeles, CA 90038, a beautiful, renovated and delivered vacant duplex located in world-famous Hollywood. There are two structures on the property, a large side-by-side duplex and a two-car garage (which can be converted to an ADU), and there is an immense front yard and backyard space (perfect for adding more privacy for tenants), and/or accommodating multiple parking spaces in the front and back. This property is extremely well-maintained, and better yet, it underwent a top to bottom renovation from the inside and out over the last two years. The property is charming from the outside, but incredibly updated on the inside.The duplex consists of two two-bedroom / two-bathroom units with about 900 SF each. The total building square footage is 1,800 and is located on a 6,074 square foot lot, zoned LAR2. Though the property will be delivered vacant to you, the Seller has rented both units to long-term corporate and business travelers, which has averaged $4,100 per month, per unit, over the last two years.Based on these financials (or just renting to a standard long-term tenant), this will provide you with an amazing 5.7% cap rate and 4.7% cash-on-cash return (which is unheard of in this type of neighborhood). 747 Wilton is located in prime Hollywood, near Hancock Park, Larchmont Village and world-famous Paramount Studios. Corporate and business travelers, and local renters love everything prime Hollywood and its surrounding neighborhoods have to offer. Do not miss this incredible opportunity to buy a fully renovated duplex in one of the most famous cities in the world, which will be delivered vacant to you and make you an huge amount of money.

  • August, 2022

  • Aug 5, 2022

    Date

    Canceled

    CRMLS: 22165453

    $1,550,000

    Price

  • Jun 7, 2022

    Date

    Active

    CRMLS: 22165453

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    Stunning luxury duplex, with side by side units that have been fully remodeled to virtually brand new condition, and delivered completely VACANT! Ideal for an owner-user or high-income investment opportunity for short or long term rentals. Each unit features two bedrooms and two bathrooms, with soundproof windows and abundant natural light, and an open concept design, with a gorgeous and spacious living room and a huge, beautiful backyard, great for hosting family & friends. Both units have been extensively remodeled and feature beautiful new kitchens with stainless steel appliances, and new floors, plumbing, drywall, electricity, air conditioning, large 2 car garage, concrete driveway, security gate and smart home security system and much more, including laundry inside both units! Potential to add up to 3 ADU units, with further development potential as property falls under Tier 2 of the Transit Oriented Communities (TOC) Program (Buyer to verify all). Finally, the property is in a federal Opportunity Zone, which could allow an investor with further tax advantages. Phenomenal location just steps from numerous new and exciting developments and proximate to Paramount and Raleigh Studios, Columbia Square, Larchmont Village, and central to Hollywood, Hancock Park, Silver Lake and Echo Park.

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: CV21066614

    $1,349,999

    Price

  • Apr 3, 2021

    Date

    Withdrawn

    CRMLS: CV21066614

    $1,349,999

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: CV21066614

    $1,349,999

    Price

  • Listing provided courtesy of CRMLS

    An incredible, fully renovated duplex in the Hollywood area - delivered completely VACANT! It's been used as a high incoming producing Airbnb, but can easily be stabilized with an extraordinary market rent and/or as an ideal owner/user opportunity. Live in one and rent the other! Or create an easy opening and have one huge home!! Ability to add more units per new ADU law. Two beautiful side by side units, one 2 bed, 2 bath unit and one 2 bed, 1 and a quarter bath unit. Excellent finishes, all new electrical, plumbing, roof, HVAC, newly built large 2 car garage, and lovely yard. Laundry inside both units and equipped with a Vivint Smart Home Security System. Steps from the CIM proposed 275,000 sqft of retail project, Columbia Square, Larchmont Village, Paramount and Raleigh Studios, The Edmon, and Hancock Park. Close to great restaurants, freeways, transportation, and shopping.

  • June, 2021

  • Jun 23, 2021

    Date

    Sold

    CRMLS: CV21081756

    $1,200,000

    Price

  • May 15, 2021

    Date

    Active Under Contract

    CRMLS: CV21081756

    $1,199,999

    Price

  • Apr 19, 2021

    Date

    Active

    CRMLS: CV21081756

    $1,199,999

    Price

  • Listing provided courtesy of CRMLS

    A fully renovated DUPLEX in the Hollywood area - delivered VACANT! Live in one unit, and rent the other! It's been used as a high incoming producing Airbnb, but is an ideal owner/user opportunity. It will also fetch extraordinary market rent. Two beautiful side by side units, one 2 bed, 2 bath unit and one 2 bed, 1 and a quarter bath unit. Excellent finishes, all new electrical, plumbing, roof, windows, HVAC, newly built large 2 car garage, and a lovely yard. Laundry inside both units and it's just steps from the CIM proposed 275,000 sqft of retail project, Columbia Square, Larchmont Village, Paramount and Raleigh Studios, The Edmon, and Hancock Park. Close to great restaurants, freeways, transportation, and shopping. There's also the ability to add 2 more units per new ADU law.

  • May, 2021

  • May 15, 2021

    Date

    Withdrawn

    CRMLS: CV21081751

    $1,199,999

    Price

  • Apr 19, 2021

    Date

    Active

    CRMLS: CV21081751

    $1,199,999

    Price

  • Listing provided courtesy of CRMLS

    A fully renovated DUPLEX in the Hollywood area - delivered completely VACANT! Live in one unit, and rent the other! It's an amazing owner/user opportunity or perfect investor opportunity! Two beautiful side by side units, one 2 bed, 2 bath unit and one 2 bed, 1 and a quarter bath unit. Excellent finishes, all new electrical, plumbing, roof, windows, HVAC, newly built large 2 car garage, and a lovely yard. Laundry inside both units and just steps from the CIM proposed 275,000 sqft of retail project, Columbia Square, Larchmont Village, Paramount and Raleigh Studios, The Edmon, and Hancock Park. Close to great restaurants, freeways, transportation, and shopping. Additionally, there's also the ability to add 2 more units per new ADU law and/or create an easy opening and have one huge home!!

  • April, 2021

  • Apr 19, 2021

    Date

    Withdrawn

    CRMLS: CV21071227

    $1,349,999

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: CV21071227

    $1,349,999

    Price

  • Listing provided courtesy of CRMLS

    A fully renovated DUPLEX in the Hollywood area - delivered completely VACANT! Live in one unit, and rent the other! It's been used as a high incoming producing Airbnb, but is an ideal owner/user opportunity. It can also can easily be stabilized with an extraordinary market rent or create an easy opening and have one huge home!! There's also the ability to add 2 more units per new ADU law. Two beautiful side by side units, one 2 bed, 2 bath unit and one 2 bed, 1 and a quarter bath unit. Excellent finishes, all new electrical, plumbing, roof, windows, HVAC, newly built large 2 car garage, and a lovely yard. Laundry inside both units and equipped with a Vivint Smart Home Security System. It's just steps from the CIM proposed 275,000 sqft of retail project, Columbia Square, Larchmont Village, Paramount and Raleigh Studios, The Edmon, and Hancock Park. Close to great restaurants, freeways, transportation, and shopping.

  • April, 2021

  • Apr 19, 2021

    Date

    Withdrawn

    CRMLS: CV21066647

    $1,349,999

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: CV21066647

    $1,349,999

    Price

  • Listing provided courtesy of CRMLS

    An incredible, fully renovated duplex in the Hollywood area - delivered completely VACANT! It's been used as a high incoming producing Airbnb, but can easily be stabilized with an extraordinary market rent and/or as an ideal owner/user opportunity. Live in one and rent the other! Or create an easy opening and have one huge home!! Ability to add more units per new ADU law. Two beautiful side by side units, one 2 bed, 2 bath unit and one 2 bed, 1 and a quarter bath unit. Excellent finishes, all new electrical, plumbing, roof, HVAC, newly built large 2 car garage, and lovely yard. Laundry inside both units and equipped with a Vivint Smart Home Security System. Steps from the CIM proposed 275,000 sqft of retail project, Columbia Square, Larchmont Village, Paramount and Raleigh Studios, The Edmon, and Hancock Park. Close to great restaurants, freeways, transportation, and shopping.

  • March, 2021

  • Mar 31, 2021

    Date

    Withdrawn

    CRMLS: CV21063053

    $1,499,999

    Price

  • Mar 26, 2021

    Date

    Active

    CRMLS: CV21063053

    $1,499,999

    Price

  • Listing provided courtesy of CRMLS

    An incredible, almost brand new duplex in Hollywood - delivered completely vacant! It's been used as a high incoming producing Airbnb, but can easily be stabilized with an extraordinary market rent and/or as an ideal owner/user opportunity. Two beautiful side by side units, one 2 bed, 2 bath unit and one 2 bed, 1 and a quarter bath unit. Excellent finishes, all new electrical, plumbing, roof, HVAC, newly built large 2 car garage, and lovely yard. Laundry inside both units and equipped with a Vivint Smart Home Security System. Steps from the CIM proposed 275,000 sqft of retail project, Columbia Square, Larchmont Village, Paramount and Raleigh Studios, The Edmon, and Hancock Park.

  • August, 2018

  • Aug 27, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 22, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 747 N Wilton Pl

Assessed Value (2020): $886,107
Year Land Value Improved Value Assessed Value
2020 $636,724 $249,383 $886,107

Home Value Compared to the Market

This property vs the competition

747 N Wilton Pl is listed 25.62% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $871.67 per/sqft which puts the price per square foot 12.62% higher than the median price per square foot for the city of Los Angeles.

About 747 N Wilton Pl

Detailed summary of property

747 N Wilton Pl is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 1,800 living square feet, and sits on an approximately 6,076 square foot lot. 747 N Wilton Pl was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $1,569,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.62% higher than the median priced home. Local competing homes currently for sale include 810 N Hobart Blvd, 5449 S Virginia Ave and 741 N Harvard Blvd. While the average home in Los Angeles, CA is selling in 93 days, 747 N Wilton Pl has a days on market of 1 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 747 N Wilton Pl 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 747 N Wilton Pl

Public county record property details
Beds
4
Baths
4
Year built
1921
Sq. Ft.
1,800
Lot Size
6,074
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5535-003-011

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
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 747 N Wilton Pl

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.