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

1147 Wilcox Place, Los Angeles, California 90038 home-pic-0

1147 Wilcox Place

Los Angeles, California 90038

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,500Sq Ft
7,201Lot Size

Property Price

LIST PRICE$1,499,000
EST. MARKET VALUE
$1,492,643

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

$1,492,643
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.5
50%
Square foot2,5001,834.5
79%
Lot Size7,2014,255.5
71%
Price$1.50M$1.24M
64%
Price per sq ft$600$682
21%
Built year19071968
7%
HOA$0$0
50%
Days on market22170
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

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