1251 S Wilton Place, Los Angeles, CA 90019

  • $2,350,000
  • $417
1251 S Wilton Place, Los Angeles, CA 90019
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 8
  • Bathrooms
  • 7.00
  • Garages
  • 5634.00
  • 1934
  • Year Built
For Sale
1251 S Wilton Place, Los Angeles, CA 90019
  • $2,350,000
  • $417

Overview

Property ID: SGR-29631721
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 8
  • Bathrooms
  • 7.00
  • Garages
  • 5634.00
  • 1934
  • Year Built

Description

Welcome to this charming 8-unit apartment building boasting classic Spanish style architecture in the coveted Country Club Park neighborhood. Only 8 Unit Apt nestled amidst tranquil single-family homes, this impeccably managed property offers a tranquil setting gated off at Pico Boulevard. Built in 1934 on a generous 10,491 sqft lot, it presents significant income potential with rents currently below market value. Six out of seven garages offer additional rental income opportunities. The property features newly landscaped gardens with lush turf, rose trees, and new trees, newly beautiful paint, alongside upgraded garages, driveways, and surveillance systems. Each unit is equipped with separate gas and electric meters. One unit has recently undergone tasteful remodeling with new appliances. Passed housing inspection in Oct 2023. Enjoy easy access to the 10 freeway, Mid-Wilshire, Koreatown, and Downtown LA. Fully leased with stable income and promising future prospects, this investment opportunity is not to be missed. One unit will be delivered vacant at C.O.E. Please refrain from entering the property and disturbing the occupants.

  • Address 1251 S Wilton Place
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Area C18 - Hancock Park-Wilshire
  • Country United States

Details

Updated on April 23, 2024 at 9:44 pm
  • Property ID: SGR-29631721
  • Price: $2,350,000
  • Property Size: 5634.00 m²
  • Land Area: 10494.00 m²
  • Bedrooms: 9
  • Bathrooms: 8
  • Garages: 7.00
  • Year Built: 1934
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5634.00
  • MLS#: 24373459
  • Office Name: IVY REALTY CO.
  • Agent Name: Ki Seon Im
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01860439

Additional details

  • Cooling: None
  • Heating: Forced Air
  • County: Los Angeles
  • Parking: 7.00

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