Listing Agency: Compass Sunset Strip o***@jennyohomes.com Show Phone

Listed By: Jennifer Okhovat · License #CA 01866951

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:27PM

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Investment Insights

Based on property information with market context.

This triplex at 971 N Wilton Pl occupies a 6,750 sq ft lot and carries RD1.5, Tier 2 TOC zoning. The property is positioned for buyers evaluating a three-unit residential asset within Los Angeles’s Hollywood area.

The site is one block from Western Ave, north of Melrose and south of Santa Monica Blvd. Nearby destinations identified for the property include Paramount Studios, Hollywood Forever, Larchmont Village, Koreatown, and Silver Lake, with access to the 101 freeway also noted.

Key Highlights

• Triplex on a 6,750 sq ft lot
• RD1.5, Tier 2 TOC zoning
• One block from Western Ave

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Clothing & Fashion Store (Bike/Boat/Book/etc) Store Fish Market Accounting Firm Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,100

Businesses Nearby

Explore this area Business Placement

Demographics for 90038, CA

27,414

Population

14,998

Households

1.8

Avg Household Size

36

Median Age

41%

College-Educated

76%

High-School Grad

1.5 sq mi

ZIP Area

18,276

Density / Sq Mi

$61,566

Median Household Income

$36,844

Median Earnings

$1,764

Median Rent

$1,089,200

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - Three-unit property on a large parcel near Western Ave, with Tier 2 TOC zoning.

Where is this triplex located?

The property is located at 971 N Wilton Pl Los Angeles, CA.

What are key features of this property?

This property features: Triplex on a 6,750 sq ft lot; RD1.5, Tier 2 TOC zoning; One block from Western Ave