Wilcox Avenue

Los Angeles | California

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Marcus & Millichap – Encino

Presented At

$1,100,000

Bedrooms

Living

2,038

SQFT

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 1

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 2

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 3

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 4

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 5

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 6

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 7

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 8

1224 Wilcox Avenue, Los Angeles, California, United States. - Photo 9

1224

Wilcox Avenue

Los Angeles | California

1224 Wilcox Avenue, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Los Angeles

The LAAA Team of Marcus & Millichap is pleased to present 1224 N Wilcox Avenue, a three-unit multifamily property located in the heart of Hollywood's Transit-Oriented Core. Positioned within a TOC Tier 3 zone and surrounded by major employment, transit,and entertainment hubs, the property offers investors a well maintained,low-intensity asset with light value-add potential and stable cash flow in one of Los Angeles's most consistently rented submarkets. Built in 1932 and 1961, the property comprises two detached structures totaling 2,038 square feet on a 4,740-[hidden information] lot. The front duplex includes two one-bedroom, one bath units, while the rear standalone house features a three bedroom, two-bath layoutideal for owner-occupancy or premium rental positioning. All three units are individually metered, RSO-subject, and currently occupied, providing reliable in-place income and approximately 14% upside in rents through natural turnover and light cosmetic upgrades. Recent capital work includes a complete roof replacement (2019, finaled permit), providing peace of mind for long-term ownership. The property shows no deferred maintenance, is not subject to seismic retrofit, and sits outside all major hazard zones including flood, fire, and methane. With no open code violations and strong zoning fundamentals, 1224 N Wilcox presents an ideal first-time or exchange investment that combines stable returns, zoningflexibility, and long-term land security. Located one block north of Fountain Avenue, the property benefits from exceptional access to US-101, Metro transit lines, and neighborhood amenities including the Hollywood Recreation Center, Netflix Studios, and Kaiser Permanente Medical Center. Investors can expect steady occupancy, consistent rent growth, and future appreciation supported by Hollywood's continued revitalization and constrained multifamily supply.

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Property Location

1224 Wilcox Avenue, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently

68 °F

Clear sky

Feels Like 66°F

Humidity 47%

Wind 9 mph

Visibility 6.2 mi

Sunrise 2:40 PM

Sunset 1:35 AM

5-Day Forecast

Fri 13 Feb

Clear

High 68°

Low 68°

Sat 14 Feb

Clear

High 66°

Low 53°

Sun 15 Feb

Clouds

High 65°

Low 57°

Mon 16 Feb

Rain

High 61°

Low 54°

Tue 17 Feb

Rain

High 58°

Low 52°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 1224 Wilcox Avenue, Los Angeles, California, United States have?

This other at 1224 Wilcox Avenue, Los Angeles, California, United States features 5 bedrooms with 2,038 square feet of living space.

What is the size of 1224 Wilcox Avenue, Los Angeles, California, United States?

This property offers 2,038 square feet of living space.

What is the listing price for 1224 Wilcox Avenue, Los Angeles, California, United States?

This property is listed at $110,000,000, which equals $53974 per square foot.

What type of property is 1224 Wilcox Avenue, Los Angeles, California, United States?

This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.