Description
We are pleased to present the opportunity to remodel an early 20th century Craftsman style triplex! 1750 N Wilton Place is centrally located between Franklin Ave and Hollywood Blvd in the bustling rental market of Hollywood. The triplex currently consists of a front building with 2 units totaling approximately 3,300 sq. ft. and a back building with 1 unit of approximately 640 sq. ft. on a large lot of approximately 10,283 sq. ft. There are also 3 detached garages. All units and garages are VACANT, and present the perfect opportunity for an investor to redesign the space to their liking. The front building could be remodeled to two 3 bedroom, 2 bath units and the back building can be remodeled to a 2 bedroom, 2 bath unit. The three garages could also be converted to an ADU consisting of a 2 bedroom, 1 bath unit. Please see attached ADU proposal for more information! The renovation of the 3 units and addition of one ADU could generate approximately $13,400 per month in rental income, which would present an excellent return on the buyer's investment. Condition of the property will necessitate cash offers only.
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Listing Agent: Anie Mayelian Courtesy of: Equity Union The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 21st March, 2023 1:50 PM (UTC)
