1251 South Wilton Place
1251 South Wilton Place
$2,350,000
9
8
5,634
5,634
$417
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...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.
- Listed by Ki Seon Im • DRE #01860439 • Brokerage DRE #00908242 • Ivy Realty Co.
Property Details for 1251 South Wilton Place
Zoning
LAC4
StyleSpanish
Parcel Number5081023011
Total Units8.0
Living Area5634
Source Living AreaVendor Enhanced
AreaHancock Park-Wilshire
Vacancy Rate0
Location
LISTING UPDATED: 04/23/2024 12:01 AM
Property Details for 1251 South Wilton Place
Status | Active |
---|---|
MLS # | 24-373459 |
Days on Market | 17 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1934 |
Lot Size | 0.24 AC / 10,494 SF |
County | Los Angeles County |
Location
Building Information for 1251 South Wilton Place
Stories2Residences-Year Built1934Building Size-Lot Size0.24 AC / 10,494 SF
Payment Calculator
$13,590 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1251 South Wilton Place
Property History for 1251 South Wilton Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1251 South Wilton Place
Taxable ValueLand$403,698Additions$253,349Total$657,047
Tax Record2023$9,184 ($765 / month)
Home Facts
Total Finished SqFt5,634 SqFtAbove Grade Finished SqFt5,634 SqFtLot Size10,491 SqFtStyleMulti-Family Res (5+ Units)Year Built1934ZoningLAC4CountyLOS ANGELESAPN5081-023-011
Schools near 1251 South Wilton Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Carson-Gore Academy Of Enviornmental Studies PublicK to 5 | ||
Pio Pico Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
Global Education Academy Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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