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842 Wilcox Ave, Los Angeles, CA 90038
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842 Wilcox Ave Los Angeles, CA 90038

$2,365,000 Sold Price as of 06/04/2019
  • 44 Beds
  • 36 Baths
  • 6,855 Sq.Ft.
Sold
$2,365,000 Sold Price as of 06/04/2019 Refinance Your Mortgage
Map preview of 842 Wilcox Ave, Los Angeles, CA 90038

Property Overview: 842 Wilcox Ave Los Angeles, CA has 44 bedrooms, 36 bathrooms, 6,855 living square feet and 6,813 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 842 Wilcox Avenue Apartments, is an 8-unit apartment community in the heart of thriving Hollywood, which continues to be one of the most desirable submarkets in Los Angeles. Hollywood has seen a tremendous rent increase at nearly 50% since 2010, and still climbing. With an influx of over $5 billion in office, retail, hospitality, and multifamily development since 2000, it is one of the fastest growing office markets in the nation.The property has a terrific unit mix, consisting of Three 2-bedroom/1.75- bathroom and Five 1-bedroom/1-bathroom units. Four of the unitshave been substantially renovated, two have been partially and three units will be delivered unrenovated. Renovation features include Ceiling Fans, Laminate wood flooring, Stone Countertops in kitchens and baths, Stainless Steel Appliances, Custom Designer Cabinetry, Custom Bath Sink/Vanities and washer/dryers in two of the units. Delivered with one vacancy.

Listed by Kimberly Roberts Stepp | BRE #01251767 | KWSM
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 74

Home details

Lot Sq. Ft
6,813
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19420730
City
Los Angeles
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,152
  • Total Rent: $2,152
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $954
  • Total Rent: $954
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.8
  • Gross Scheduled Income: --
  • Net Operating Income: $94,862
  • Gross Operating Income: $153,943
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gas/Fuel: $1,200
  • Trash: $3,225
  • Insurance: $4,000
  • Maintenance: $3,500
  • Professional Management: $6,160
  • Water/Sewer: $6,500
  • Other Expenses: $2,000

Property Details for 842 Wilcox Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport, Assigned
Property Information
  • Total # of Units: 8
  • Parcel Number: 5533027023
Location / Neighborhood
Location Information
  • Directions: Two blocks West of Cahuenga and one block North of Melrose.
View more facts & features

Local Los Angeles Agent

Sale History for 842 Wilcox Ave

Last sold for $2,365,000 on June 5th, 2019

  • December, 2020

  • Dec 17, 2020

    Date

    Canceled

    CRMLS: AR20210028

    $2,395

    Price

  • Oct 28, 2020

    Date

    Price Change

    CRMLS: AR20210028

    $2,395

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: AR20210028

    $2,625

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 2 bedroom, 2 bathroom apartment. Desirable building in highly sought Hollywood Media District Location. This stunning apartment offers 920 sq. feet that includes a spacious living room, hardwood floors, a dining area, new kitchen cabinets, granite countertops, gas range, refrigerator, dishwasher, microwave, and stacked washer and dryer. The unit has central A/C and heat. KEY FEATURES: ~ New Kitchen Cabinets ~ Granite Countertops ~ Central A/C & Heat ~ Stainless Steel Appliances (Refrigerator, Range, Microwave, Dishwasher) ~ Washer & Dryer in Unit ~ Parking Available for $100/mo. ~ Security Cameras on Property ~ Great neighborhood ~ Great location THE NEIGHBORHOOD: Located in the heart of Hollywood just off Santa Monica Blvd and Melrose Ave. The property is a close distance to public attractions, grocery stores, restaurants, shopping, coffee shops, and schools, including the following: - Hollywood Blvd - Paramount Pictures - Hollywood Palladium - Capitol Records Building - TCL Chinese Theatre - Pink's Hot Dogs - In-N-Out Burger - Sprouts Farmers Market - Trader Joe's - Whole Foods Market **NO SMOKING**

  • August, 2019

  • Aug 2, 2019

    Date

    Sold

    CRMLS: 19420730

    $2,365,000

    Price

  • Apr 10, 2019

    Date

    Pending

    CRMLS: 19420730

    $2,425,000

    Price

  • Mar 1, 2019

    Date

    Price Change

    CRMLS: 19420730

    $2,425,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: 19420730

    $2,500,000

    Price

  • June, 2019

  • Jun 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,365,000

    Price

  • September, 2010

  • Sep 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

Show More

Tax History for 842 Wilcox Ave

Assessed Value (2020): $2,412,300
Year Land Value Improved Value Assessed Value
2020 $1,514,700 $897,600 $2,412,300

Home Value Compared to the Market

This property vs the competition

842 Wilcox Ave sold on June 4, 2019 for 103.78% 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 $353.76 per/sqft which puts the price per square foot 53.14% lower than the current median sale per square foot for the city of Los Angeles.

About 842 Wilcox Ave

Detailed summary of property

842 Wilcox Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 44 bedrooms, 36 bathrooms, roughly 6,855 living square feet, and sits on an approximately 6,813 square foot lot. 842 Wilcox Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,365,000. 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 103.78% higher than the current median priced home. Local homes that are currently for sale include 135 S Detroit St, 183 S Detroit St and 461 N Vista St. While the average home in Los Angeles, CA is selling in 96 days, 842 Wilcox Ave has a days on market of 74 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 842 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 842 Wilcox Ave

Public county record property details
Beds
11
Baths
11
Year built
1958
Sq. Ft.
6,855
Lot Size
6,813
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5533-027-023

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.
$709
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
40
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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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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