$1,100,000

1224 Wilcox Avenue, Los Angeles, CA 90038

  • 4 beds
  • 2,038 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1932
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $540/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

The LAAA Team of Marcus & Millichap is pleased to present 1224 N Wilcox Avenue, a three-unit multifamily property located in the heart of Hollywood's Transit-Oriented Core. Positioned within a TOC Tier 3 zone and surrounded by major employment, transit,and entertainment hubs, the property offers investors a well maintained,low-intensity asset with light value-add potential and stable cash flow in one of Los Angeles's most consistently rented submarkets. Built in 1932 and 1961, the property comprises two detached structures totaling 2,038 square feet on a 4,740-square-footRD1.5-1XL lot. The front duplex includes two one-bedroom, one bath units, while the rear standalone house features a three bedroom, two-bath layoutideal for owner-occupancy or premium rental positioning. All three units are individually metered, RSO-subject, and currently occupied, providing reliable in-place income and approximately 14% upside in rents through natural turnover and light cosmetic upgrades. Recent capital work includes a complete roof replacement (2019, finaled permit), providing peace of mind for long-term ownership. The property shows no deferred maintenance, is not subject to seismic retrofit, and sits outside all major hazard zones including flood, fire, and methane. With no open code violatio

Listing Status:
Active
Date Added:
October 9, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Filip Niculete : 818-212-2763
MLS ID:
CL25607609
  • Parking: OtherUncovered Parking Space
  • County: Los Angeles
  • Zoning: LARD5533004001

This listing courtesy of Filip Niculete, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vine Street Elementary

955 Vine St, Los Angeles, CA, 90038

Grades KG-6

0.42 miles away

B

Bancroft Middle School

929 N Las Palmas Ave, Los Angeles, CA, 90038

Grades 6-8

0.49 miles away

H

Hollywood High School

1521 N Highland Ave, Los Angeles, CA, 90028

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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