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1550 Wilcox Ave Los Angeles, CA 90028

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For Sale
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Renovated 68-unit building in prime Hollywood location.

Property size:
35,715 SF

Property Features for 1550 Wilcox Ave

General Information

Size
35,715 SF

Building Details

Year built
1925
Source: Naiglobal

Listing Agent: Kay Sasatomi, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Charming Renovated Hollywood Residential Building

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Парковка вся ночь ... Bicycle Rack

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.33087
Latitude
34.09947

FAQs

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.
More about this property
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