1147 Wilcox Place, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 3 bath

1147 Wilcox Place
Los Angeles, California 90038
Property Price
SUMMARY
Analysis of 1147 Wilcox Place, Los Angeles, California 90038 reveals a Fairly Priced Property with a current list price of $1,499,000 aligned with the estimated $1,492,643 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained, featuring a high-quality 2010 studio addition with modern kitchen and bathroom facilities. The 1907 main house retains its historic charm with polished hardwood floors and updated aesthetics, though it lacks a full recent top-to-bottom renovation. Overall, the compound shows minimal wear and tear and functional, stylish systems.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Creative Compound
The property features a unique 900 sqft hangar-style studio built in 2010 with its own kitchen and bath, offering exceptional live/work flexibility for artists or professionals.
- Development Potential
Zoned LAR3 on a generous 7,201 sqft lot, this property provides significant long-term investment value and potential for increased density in a prime Hollywood location.
- Abundant Parking
Rare for the area, the site accommodates seven or more vehicles through a combination of side-by-side front spaces and a long tandem driveway.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 1988.
- Historic Maintenance Requirements
Built in 1907, the main residence may require ongoing upkeep or modernization of vintage systems to meet contemporary efficiency and comfort standards.
- Tandem Parking Inconvenience
While parking is plentiful, the tandem configuration for five or more vehicles can be cumbersome for daily logistics or multiple independent occupants.
About 1147 Wilcox Place
A truly rare Hollywood artist's compound offering multiple, flexible live/workspaces. Gated and private on a quiet street, this 1907 Spanish style property combines historic charm with a modern studio addition, ideal for creatives, professionals, or those seeking a one-of-a-kind residence. The main house features classic Spanish architecture, including a beautiful loggia overlooking the front yard, arched details, hardwood floors, and abundant natural light. Offering two bedrooms and two bathrooms on the main floor. The ensuite bedroom also includes a wet bar that has been utilized as a kitchenette, adding versatility to the home. Two upstairs bonus rooms with skylights provide flexible space for sleeping, office, or creative use. At the rear of the property sits a striking, hangar-style studio, built in 2010, offering approximately 900 square feet of open, loft-like space with soaring curved ceilings and an industrial-art aesthetic. Fully built out with its own kitchen, bathroom, and laundry, this separate structure is ideal as a creative studio, live/workspace, guest quarters, or additional living area. Outdoor areas include space for al fresco dining and entertaining. Off-street tandem parking accommodates five or more vehicles along the north drive and 2 additional side-by-side spaces in the front. Zoned LAR3, the property offers excellent flexibility and long-term potential. Located near Sunset Boulevard, Cahuenga, studios, dining, shopping, and entertainment, this is a rare opportunity to own a distinctive Hollywood compound with character, privacy, and creative freedom.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 7,201 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.5 | 50% |
| Square foot | 2,500 | 1,834.5 | 79% |
| Lot Size | 7,201 | 4,255.5 | 71% |
| Price | $1.50M | $1.24M | 64% |
| Price per sq ft | $600 | $682 | 21% |
| Built year | 1907 | 1968 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 170 | 7% |
Pricing History
Listed for Sale
Feb 12, 2026
$1,499,000
Initial Listing
Sold
Nov 13, 2014
$925,000
Public Record
Sold
May 31, 2007
$789,000
Public Record
Sold
Aug 23, 2004
$626,000
Public Record
Sold
Feb 2, 2001
$260,000
Public Record































