1067 N Wilton Place, Los Angeles, California 90038, Los Angeles, 90038 - 5 bed, 2 bath
ACTIVE$1,249,999
1067 N Wilton Place, Los Angeles, California 90038
5Beds
2Baths
3,014Sqft
4,550Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Hollywood Location: Situated in the heart of Hollywood, the property offers unparalleled access to Larchmont Village, Hollywood Blvd, Melrose Avenue, major studios, and Griffith Park, appealing to a wide range of buyers seeking an iconic LA lifestyle.
Top Cons:
Age of Property & Potential for Deferred Maintenance: Built in 1923, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and significant renovation costs to modernize or address deferred maintenance.
Compared to the nearby listings
Price:$1.25M vs avg $1.07M (+$183,999)71%
Size:3,014 sqft vs avg 1,798 sqft93%
Price/sqft:$415 vs avg $5767%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923, this property is over 100 years old. While the flooring appears well-maintained and some areas are freshly painted, the kitchens feature dated appliances (white gas range, white dishwasher) and basic cabinetry, indicating they are functional but not modern. Lighting fixtures throughout the property are basic flush mounts or older fluorescent styles. The exposed wooden beams are a unique feature, but the overall aesthetic, including security bars on windows, suggests an aged home that has been maintained but not extensively renovated to modern standards. The property analysis also notes 'potential for outdated systems (plumbing, electrical, HVAC).' This aligns with the 'Fair' category, indicating it's aged but maintained, with functional but outdated components requiring minor to moderate updates.
Year Built
1923
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
PW25133113
Home ConditionFair
Features
Good View: Hills, Landmark, Neighborhood
Patio
ViewHills, Landmark, Neighborhood
About this home
Prime Hollywood Opportunity! Welcome to this expansive 7-bedroom property in the heart of Hollywood, offering over 3,000 square feet of endless potential. Whether you’re an investor, entrepreneur, creative visionary or have a big family looking for space in the city this home is a rare find. The flexible layout is perfect for duplex conversion, co-living, or renting out individual rooms for strong income potential. The spacious lower level includes a large open area ideal for a studio, content space, or private event rental a true live/work opportunity. Just minutes from Larchmont Village, Hollywood Blvd, Melrose Avenue, Paramount Studios, Universal Studios and Griffith Park, you’re surrounded by the very best of LA’s culture, shopping, and entertainment. This is a dream setup for creators, investors, and families alike offering both lifestyle and long-term value in one of LA’s most iconic neighborhoods. Live. Create. Earn. All in the heart of Hollywood.
Condition Rating
Fair
Built in 1923, this property is over 100 years old. While the flooring appears well-maintained and some areas are freshly painted, the kitchens feature dated appliances (white gas range, white dishwasher) and basic cabinetry, indicating they are functional but not modern. Lighting fixtures throughout the property are basic flush mounts or older fluorescent styles. The exposed wooden beams are a unique feature, but the overall aesthetic, including security bars on windows, suggests an aged home that has been maintained but not extensively renovated to modern standards. The property analysis also notes 'potential for outdated systems (plumbing, electrical, HVAC).' This aligns with the 'Fair' category, indicating it's aged but maintained, with functional but outdated components requiring minor to moderate updates.
Pros & Cons
Pros
Prime Hollywood Location: Situated in the heart of Hollywood, the property offers unparalleled access to Larchmont Village, Hollywood Blvd, Melrose Avenue, major studios, and Griffith Park, appealing to a wide range of buyers seeking an iconic LA lifestyle.
High Income & Conversion Potential: The flexible layout is explicitly highlighted for duplex conversion, co-living, or individual room rentals, presenting strong income-generating opportunities for investors and entrepreneurs.
Expansive Living Space: Boasting over 3,000 square feet and described as a 7-bedroom property, it offers significant space for large families, creative ventures, or multi-unit configurations.
Live/Work Opportunity: The spacious lower level is ideal for a studio, content creation space, or private event rental, catering to creative professionals and offering a true live/work environment.
Investment Value: Marketed as a rare find for investors, entrepreneurs, and families, the property is positioned to offer both lifestyle benefits and long-term value appreciation in a desirable market.
Cons
Age of Property & Potential for Deferred Maintenance: Built in 1923, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and significant renovation costs to modernize or address deferred maintenance.
Low Bathroom-to-Bedroom Ratio: With 5-7 bedrooms and over 3,000 square feet, having only 2 bathrooms is a significant limitation for a large family or co-living setup, likely necessitating costly additions or reconfigurations.
Bedroom Count Discrepancy: The MLS lists 5 bedrooms, while the property description states 7, creating ambiguity that requires clarification and could impact a buyer's intended use or valuation.