The Gilbert
1550 Wilcox Ave
Los Angeles, CA 90028
Highlights
- Owner User Opportunity or a Leased Investment
- Potential for repositioning as co-living, transitional or supportive housing
- Repositioning to include ground floor retail
- Current Use: Student Housing
- Each unit built out with renovated full bathrooms, closets and AC units
- Elevator, skylight, large interior courtyard
- Gated, secure compound with guard station
- Large common area spaces including: lobby, lounge, community kitchen, dining area, computer lab/offices, business center, fitness room, 2 laundry rooms
Description
NAI Capital Commercial, Inc. is pleased to offer exclusively for sale, the fee-simple interest in The Gilbert Hotel. Built in 1925, The Gilbert is a charming residential building in Hollywood, California, featuring 68 renovated units that can accommodate 144 beds.
Prime Hollywood location, situated among hip & vibrant retail, restaurants and nightclubs, surrounded with new development
Located in an Opportunity Zone & State Enterprise Zone
-Steps from Thompson Hotel, Mother Wolf, Mama Shelter, Dream Hotel, TAO, and Hollywood Walk of Fame
Adjacent to the Cahuenga Corridor ("Restaurant Row")
Easy walk to the Metro Station at Hollywood & Vine, close proximity to the 101 FWY and connected to the Greater Los Angeles freeway system
Walk Score 99 out of 100 (Walker’s Paradise)
Affluent and highly sought after area
