Charming Renovated Hollywood Residential
For Sale
Contact for pricing
1550 Wilcox Ave, Los Angeles, CA 90028
Renovated 68-unit building in prime Hollywood location.
Property Size35,715 SF
Days on Market265
Property Features for 1550 Wilcox Ave
General Information
Standard status
Active
Size
35,715 SF
Property subtype
Multifamily
Building Details
Building Size
35,715 SF
Year Built
1925
Listing Agency:
(310) 806-6126
Listed By:
Kay Sasatomi, CCIM · License #CalDRE #01824653
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 10
Last Checked: Aug 13 at 5:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kay Sasatomi, CCIM
Investment Insights
Based on property information with market context.
The Gilbert Hotel, constructed in 1925, is a residential building located in Hollywood, California. The property features 68 renovated units that can accommodate 144 beds. Each unit includes renovated full bathrooms, closets, and AC units. The building includes an elevator, skylight, and a large interior courtyard. Common area spaces include a lobby, lounge, community kitchen, dining area, computer lab/offices, business center, fitness room, and two laundry rooms. The property is a gated, secure compound with a guard station. The building is situated in a prime Hollywood location, surrounded by retail, restaurants, and nightclubs, and near new developments. It is located in an Opportunity Zone and State Enterprise Zone, steps from the Thompson Hotel, Mother Wolf, Mama Shelter, Dream Hotel, TAO, and the Hollywood Walk of Fame. The property is adjacent to the Cahuenga Corridor (Restaurant Row) and within walking distance of the Metro Station at Hollywood & Vine, with close proximity to the 101 Freeway and connection to the Greater Los Angeles freeway system. The location has a Walk Score of 99 out of 100. The current use is student housing. Potential exists for repositioning as co-living, transitional, or supportive housing, and for including ground floor retail. The property size is 35715 square feet.
Key Highlights
- Prime Hollywood location with a Walk Score of 99, near vibrant retail, restaurants, and the Hollywood Walk of Fame.
- 68 renovated units accommodating 144 beds, each with full bathrooms, closets, and AC units.
- Opportunity Zone & State Enterprise Zone location with potential for repositioning as co‑living, transitional, or supportive housing.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,109
Businesses Nearby
Explore this area
Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 68-unit building in prime Hollywood location.
Where is this apartment building located?
The property is located at 1550 Wilcox Ave Los Angeles, CA.
What are key features of this property?
This property features: Prime Hollywood location with a Walk Score of 99, near vibrant retail, restaurants, and the Hollywood Walk of Fame.; 68 renovated units accommodating 144 beds, each with full bathrooms, closets, and AC units.; Opportunity Zone & State Enterprise Zone location with potential for repositioning as co‑living, transitional, or supportive housing.
