Asking Price: $2,425,000

842 Wilcox Avenue Apartments, is an 8-unit apartment community in the heart of thriving Hollywood, which continues to be one of the most desirable submarkets in Los Angeles. Hollywood has seen a tremendous rent increase at nearly 50% since 2010, and still climbing. With an influx of over $5 billion in office, retail, hospitality, and multifamily development since 2000, it is one of the fastest growing office markets in the nation.The property has a terrific unit mix, consisting of Three 2-bedroom/1.75- bathroom and Five 1-bedroom/1-bathroom units. Four of the unitshave been substantially renovated, two have been partially and three units will be delivered unrenovated. Renovation features include Ceiling Fans, Laminate wood flooring, Stone Countertops in kitchens and baths, Stainless Steel Appliances, Custom Designer Cabinetry, Custom Bath Sink/Vanities and washer/dryers in two of the units. Delivered with one vacancy.