1905, Wilcox Avenue, Hollywood, Los Angeles, Los Angeles County, California, 90028, United States
Overview
Description
An exceptional investment opportunity in the heart of Hollywood Hills, this corner retail asset offers both strong in-place income and future development potential. Spanning over 7,166 square feet of land with a 3,312 SF structure, this site boasts dual street frontage and is zoned LAR4, allowing for a wide range of residential or mixed-use possibilities. Situated in one of LA’s most iconic and rapidly developing neighborhoods, it provides ideal proximity to high-traffic corridors, celebrity hotspots, and Hollywood’s vibrant lifestyle. Note: The property is currently undergoing environmental remediation, with full reports available upon request.
Proximity:
- ½ block from Hollywood (101) Freeway
- Near Hollywood Bowl, Walk of Fame, major studios
- 29,000 households within 1-mile radius
Current Rent Roll
| Unit | Tenant | Status | Sq Ft | Rent/Month | Rent/Year | Lease Exp. |
|---|---|---|---|---|---|---|
| 1905 | UPS | NNN | 1,000 | $4,000 | $48,000 | Dec 2027 |
| 1901 | Vacant | NNN | 2,500 | $9,000 (proj.) | $108,000 | Vacant |
Income Summary
- Total Rent/Month: $13,000
- Total Rent/Year: $156,000
- Estimated Economic Vacancy: $4,680
- Net Operating Income (NOI): $151,320
Additional Details
- Zoning: LAR4 (residential or mixed-use development potential)
- Environmental Status: Under remediation; reports available
- Visibility: Corner lot on Franklin & Wilcox Ave
- Traffic Count: 50,000 vehicles per day
- Development Context: High growth area with multiple new projects nearby
- Signage: High brand visibility potential
- Cap Rate: 4.5%
Features
Floor Plans
Main Floor
Property on Map
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