Log In/Sign Up
Your email has been sent.
El Nido Hotel 1042 N Wilcox Ave 38 Room Hotel Los Angeles, CA 90038 $4,982,652 CAD ($131,122 CAD/Room) 9.89% Cap Rate
Executive Summary
1042 Wilcox Ave, a FULLY VACANT 38 unit apartment building located in the heart of Hollywood, a highly desirable neighborhood in Los Angeles, California. Cap rate and GRM are based on the post rennovation scheduled income of the property. The property offers flexibility to operate as a hotel or multifamily building, with potential for short-term rentals. Built in 1928, the property consists of (38) bachelor units. The building is 9,880 gross square feet and sits on a 6,131 square foot lot.
Property Facts
| Price | $4,982,652 CAD | Building Size | 9,880 SF |
| Price Per Room | $131,122 CAD | No. Rooms | 38 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 9.89% | Year Built | 1928 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.14 AC | ||
| Zoning | R4-2, Los Angeles - restricted Density Multiple Dwelling | ||
| Price | $4,982,652 CAD |
| Price Per Room | $131,122 CAD |
| Sale Type | Investment |
| Cap Rate | 9.89% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 9,880 SF |
| No. Rooms | 38 |
| No. Stories | 2 |
| Year Built | 1928 |
| Tenancy | Single |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | R4-2, Los Angeles - restricted Density Multiple Dwelling |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 38 | $99.65 CAD | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5533-014-019 | Improvements Assessment | $410,721 CAD |
| Land Assessment | $3,737,561 CAD | Total Assessment | $4,148,282 CAD |
Property Taxes
Parcel Number
5533-014-019
Land Assessment
$3,737,561 CAD
Improvements Assessment
$410,721 CAD
Total Assessment
$4,148,282 CAD
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
El Nido Hotel | 1042 N Wilcox Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.