1550 Wilcox Ave
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1550 Wilcox Ave
68 Unit Block of Flats For Sale Los Angeles, CA 90028
Executive Summary
NAI Capital Commercial, Inc. is pleased to offer exclusively for sale, the fee-simple interest in The Gilbert. Built in 1925. The Gilbert is a charming residential building in Hollywood, California, featuring 68 renovated units that can accommodate 144 beds.
¦ Offered as an Owner User Opportunity or a Leased Investment
¦ Potential for repositioning as co-living, transitional or supportive housing
¦ Repositioning to include ground floor retail
¦ Current use is triple net master-leased student housing
¦ Each unit built out with renovated full bathrooms, closets and AC units
¦ Elevator and Skylight
¦ Large interior courtyard
¦ Gated, secure compound with guard station
¦ Large common area spaces including: lobby, lounge, community kitchen, dining area, computer lab/offices, business center, fitness room, and 2 laundry rooms
¦ Offered as an Owner User Opportunity or a Leased Investment
¦ Potential for repositioning as co-living, transitional or supportive housing
¦ Repositioning to include ground floor retail
¦ Current use is triple net master-leased student housing
¦ Each unit built out with renovated full bathrooms, closets and AC units
¦ Elevator and Skylight
¦ Large interior courtyard
¦ Gated, secure compound with guard station
¦ Large common area spaces including: lobby, lounge, community kitchen, dining area, computer lab/offices, business center, fitness room, and 2 laundry rooms
Property Facts
| Sale Type | Investment | Lot Size | 0.53 AC |
| No. Units | 68 | Construction Status | Proposed |
| Property Type | Residential | Building Size | 35,715 SF |
| Property Subtype | Apartment | Number of Floors | 3 |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Building Class | B |
| Sale Type | Investment |
| No. Units | 68 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.53 AC |
| Construction Status | Proposed |
| Building Size | 35,715 SF |
| Number of Floors | 3 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 68 | - | - |
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 5546-013-002 | Improvements Assessment | £4,189,869 |
| Land Assessment | £2,380,606 | Total Assessment | £6,570,475 |
PROPERTY TAXES
Parcel Number
5546-013-002
Land Assessment
£2,380,606
Improvements Assessment
£4,189,869
Total Assessment
£6,570,475
zoning
| Zoning Code | LAC4 (Heavy Commercial Zone) |
| LAC4 (Heavy Commercial Zone) |
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1550 Wilcox Ave
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