This beautiful Property with great Location and Lot Value is awaiting its new owner. Exceptional LAR3 Development & Investment Opportunity in Prime Hollywood! Welcome to 1154 & 1156 N. Wilton Place, an outstanding investment opportunity located in one of Hollywood’s most exciting and rapidly evolving neighborhoods. Situated on a 4,503-square-foot LAR3-zoned lot, this charming 1920 duplex features two spacious 2-bedroom, 1-bath residences totaling approximately 1,674 square feet of living space. The property is currently tenant occupied, providing immediate rental income while offering exceptional long-term upside. Whether you’re an investor seeking stable cash flow, a developer exploring future possibilities, or an owner looking to expand your real estate portfolio, this property offers tremendous potential. Surrounded by ongoing residential redevelopment and significant new multifamily projects, the neighborhood continues to attract substantial private investment, reflecting the area’s strong growth and increasing demand. Its central Hollywood location places you just minutes from Paramount Studios, Netflix, Sunset Gower Studios, Larchmont Village, Hollywood Boulevard, Downtown Los Angeles, restaurants, shopping, entertainment, Metro access, and major freeways, making it highly desirable for both residents and investors alike. The property’s desirable LAR3 zoning may provide exciting future development opportunities. Buyers are encouraged to conduct their own independent investigation with the City of Los Angeles regarding zoning, density, development standards, and any potential future use of the property. Whether you’re looking for an income-producing duplex today or a property with exceptional future upside in one of Los Angeles’ fastest-growing investment corridors, this is a rare opportunity not to be missed.
| MLS # | OC26145942 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 54 |
| Listing Provided By | Beverly & Company, Inc. | Burcu Kayiran |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,674 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.10 |
| Property View | None |
| Cooling | See Remarks |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
| Lot Features | Two To Five Units Acre |
|---|
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $1,399,900 low | high Med: $1,035,000 sqft: 1,674 low | high Med: 2,355 $ / sqft: $836 low | high Med: $488 On site: 54 low | high Med: 164.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $1,399,900 low | high Med: $1,035,000 sqft: 1,674 low | high Med: 2,355 $ / sqft: $836 low | high Med: $488 On site: 54 low | high Med: 164.5 | |