
Los Angeles, California 90038
This Architectural Industrial Loft is a Strong Value Opportunity, listed at $789,000—positioned well below the $846,489 Fair Market Value by 6%. This valuation gap offers $57,489 in Instant Equity for buyers. Boasting a Good Condition Rating, the 1,616-square-foot residence features polished concrete floors and a versatile layout designed by Lorcan O'Herlihy. Located near major studios like Netflix and Paramount, it balances high-design aesthetics with significant appreciation potential. This is an ideal acquisition for Creative Professionals or Owner-Occupants seeking a sophisticated urban sanctuary with built-in equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 Wilcox Avenue 7 Subject | $789,000* List Price | 1 | 2 | 1,616 | $524 | - |
A 855 Wilcox Avenue 401 Sold | $785,000 | 3 | 2 | 1,450 | $541 | 0.1 mi |
B 803 Wilcox Avenue 5 Sold | $765,000 | 2 | 2 | 1,330 | $575 | - |
C 1023 Wilcox Avenue Active | $739,999 List Price | 2 | 2 | 1,320 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property is approximately 16 years old, placing it within the 'good' category criteria. The unit is move-in ready and features recent cosmetic updates including fresh paint throughout and all-new LED lighting. The industrial-modern aesthetic is well-maintained with polished concrete floors, high-end bathroom tiling, and a functional kitchen with an island. While stylish and well-kept, it does not meet the 'excellent' criteria as it is older than 10 years and has not undergone a full-scale renovation of major systems or cabinetry within the last 5 years.
Designed by acclaimed architect Lorcan O'Herlihy, this loft features a sophisticated industrial aesthetic with soaring ceilings, polished concrete floors, and oversized windows that create a dramatic sense of volume and light.
The expansive 1,616 square foot floor plan includes a substantial upper-level bonus area ideal for a creative studio or home office, offering the flexibility required by modern professionals in the entertainment industry.
Situated in the heart of Hollywood's media corridor near Netflix and Paramount, the unit provides rare urban convenience with two secure side-by-side parking spaces plus additional guest parking.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1616, other record living area = 1470.
The HOA dues are relatively high at $785 per month, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
The open loft configuration and single-bedroom design may lack the traditional privacy and wall separation desired by families or those requiring multiple enclosed sleeping quarters.
Located in the heart of Hollywood, Loft #7 is part of the architecturally celebrated Wilcox Avenue Lofts, imagined by acclaimed architect Lorcan O'Herlihy. Known for his bold, urban-forward residential design, O'Herlihy dazzled all of Hollywood at the "WA Lofts" with a double gated outdoor courtyard entry, two buildings separated by a common area flooded with light, and a series of 14 industrial-strength units, all defined by volume, exposure, and flow. Loft #7 is a dramatic two-level residence with a layout that maximizes both scale and flexibility. The ground-floor level features an expansive open living, dining, and kitchen space with soaring ceilings, oversized industrial windows, and polished concrete floors. The kitchen offers generous counter space and storage, flowing seamlessly into the entertaining areas, while a conveniently located powder room enhances functionality for guests. Upstairs, a large bedroom suite provides privacy and separation, complete with ample closet space and a well-appointed bathroom. It also has a covered balcony. Adjacent to the suite is a substantial bonus area ideal for a home office, media lounge, secondary living space, or creative studio. The upper level maintains an open loft sensibility while offering defined zones for work and retreat. In-unit laundry is also here. Additional features high-end tile in both bathrooms, kitchen island, and all-new LED lighting. Freshly-painted top-to-bottom. Secure entry and 2 assigned side-by-side parking spaces complement the residence's design-forward appeal. Underground guest parking is also available on a first-come first-serve basis. Close by are major studios, Netflix, Paramount, and the dining and nightlife corridors that define central Hollywood. Loft #7 delivers architect-driven design and flexible living in one of Los Angeles' most dynamic neighborhoods. HOA dues are $785/mo. and include earthquake insurance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,616 | 1,330 | 80% |
| Lot Size | 11,450 | 11,450 | 50% |
| Price | $789.0K | $785.0K | 60% |
| Price per sq ft | $488 | $575 | 20% |
| Built year | 2008 | 2008 | 50% |
| HOA | $785.0 | $785 | 50% |
| Days on market | 48 | 248 | 20% |
Mar 5, 2026
$789,000
Initial Listing
Oct 1, 2008
$600,000
Public Record