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1901 Wilcox Ave 3,312 sq ft Vacant Retail Property Los Angeles, CA 90068 £1,369,648 (£413.54/sq ft)

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INVESTMENT HIGHLIGHTS

  • Listed Cap Rate is Pro-Forma
  • Suite 1905 Currently Occupied by UPS

EXECUTIVE SUMMARY

CityStreet Commercial is pleased to present an exceptional opportunity to acquire a property in the highly sought-after Hollywood Hills. Located at 1901 Wilcox Avenue, this property features a 3,312 square foot retail building on 7,166 square feet of land, offering prime street frontage on both Franklin Avenue and Wilcox Avenue, just east of Cahuenga Boulevard. Built in 1952, the property is zoned LAR4, offering versatile development potential in one of Los Angeles’ most iconic and desirable neighborhoods. However, it is important to note that the property is currently undergoing environmental remediation due to contamination. Full environmental reports are available upon request, providing transparency and detailed information about the remediation process. The Hollywood Hills area is known for its scenic views, proximity to entertainment hubs, and vibrant urban lifestyle, making this property a unique opportunity for future development in a highly coveted location.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Standalone
Property Size
3,312 sq ft
Costar Property Class
C
Year Built
1952
Price
£1,369,648
Price per sq ft
£413.54
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.48
Total Plot Size
0.16 ac
Use Class
R4, Los Angeles
Parking
12 Spaces (3.62 Spaces per 1,000 sq ft Leased)
Frontage
82 ft on Wilcox Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalised Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,500 sq ft
  • Retail
  • End Cap
  • Now

Built out for Dry-Cleaning, contact broker for additional information.

Space Size Space Use Position Available
1st Floor 2,500 sq ft Retail End Cap Now

1st Floor

Size
2,500 sq ft
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 2,500 sq ft
Space Use Retail
Position End Cap
Available Now

Built out for Dry-Cleaning, contact broker for additional information.

Walk Score®
Excellent pedestrian access (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

TGI Fridays
Storagepro
Barry's
Mayweather Boxing + Fitness
The Coffee Bean & Tea Leaf
Starbucks
Intelligentsia Coffee
Trader Joe's
City National Bank
Wells Fargo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5575-002-017
Land Assessment
£1,215,576
Improvements Assessment
£48,618
Total Assessment
£1,264,194
  • Listing ID: 33274257

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 1901 Wilcox Ave, Los Angeles, CA 90068

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