326 South Wilton Place

Los Angeles, CA 90020

$2,850,000
Price
8
Beds
8
Baths
4,825 Sq. Ft.
$591 / Sq. Ft.
4,825
Sq. Ft.
$591
per Sq. Ft.

Description

Location, Location, Location! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and 3rd Street Elementary School area. 7 unit apartment with no rent control near Hancock Park. Six units of 1 bed/1 bath and one unit of 2 beds/2 baths with 8 parking spaces. Units in good condition and well maintained with hardwood flooring throughout in this easy to rent building. Downstairs unit (2 beds/2 bath) has own parking, storage and front yard. This is AS-IS...Location, Location, Location! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and 3rd Street Elementary School area. 7 unit apartment with no rent control near Hancock Park. Six units of 1 bed/1 bath and one unit of 2 beds/2 baths with 8 parking spaces. Units in good condition and well maintained with hardwood flooring throughout in this easy to rent building. Downstairs unit (2 beds/2 bath) has own parking, storage and front yard. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction. Drive by only. Please do not disturb the tenants. Shown on accepted offers only.
  1. Listed by Soo Yeol Oh • DRE #01879346 • Brokerage DRE #01096925 • New Star Realty & Investment • 714-514-4989
  2. Listed by Hyun Soo Oh • DRE #02100135 • Brokerage DRE #01096925 • New Star Realty & Investment

Property Details for 326 South Wilton Place

Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4825
Assessor Parcel Number
5504-024-038

Location

Listing Courtesy of New Star Realty & Investment, Soo Yeol Oh, DRE #01879346; New Star Realty & Investment, Hyun Soo Oh, DRE #02100135
Add your commute
LISTING UPDATED: 04/13/2024 12:41 AM

Property Details for 326 South Wilton Place

StatusActive
MLS #PW24069523
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
CountyLos Angeles County

Location

Listing Courtesy of New Star Realty & Investment, Soo Yeol Oh, DRE #01879346; New Star Realty & Investment, Hyun Soo Oh, DRE #02100135
Add your commute

Building Information for 326 South Wilton Place

Building/Complex326 S Wilton PlFloor-Stories2Residences-Pet Policy-Year Built1988Building Size-

Payment Calculator

$17,057 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,554

Property Taxes

$1,503

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 326 South Wilton Place

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $4,800
  • Gross Scheduled Income: $183,840
  • Gross Operating Income: $183,840
  • Net Operating Income: $133,210
  • Laundry Income: $4,800
  • Other Income Description: Coin Laundry
  • Gross Multiplier: 15.5
  • Cap Rate: 4.7
Expense Details
  • Operating Expense: $50,630
  • New Taxes Expense: $35,000
  • Fuel Expense: $2,000
  • Electric Expense: $300
  • Insurance Expense: $2,500
  • Professional Management Expense: $6,900
  • Trash Expense: $3,130
  • Water Sewer Expense: $800
  • Total Expenses: $50,630
Tax / Assessment Info
  • Tax Area: 67
  • Tax Block: 1
  • Tax Tract Number: 211...
  • Tax Census Tract: 2117.03
  • CFD/Mello-Roos Fee: $1,045
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Appliances: Recirculated Exhaust Fan
  • Equipment: Community, Laundry Area, Recirculated Exhaust Fan
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Laundry Equipment Own Lease: Own
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Security: Gated Community
  • Entry Location: Ground & 2 Level
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Brick, Chain Link
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Walkstreet
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Sewer Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Covered, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,820
  • Unit Type Total Rent: $2,820
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 326 South Wilton Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 326 South Wilton Place

Taxable ValueLand$852,356Additions$560,309Total$1,412,665
Tax Record2023$18,032 ($1,503 / month)
Home Facts
Total Finished SqFt4,825 SqFtAbove Grade Finished SqFt4,825 SqFtLot Size6,908 SqFtStyleMulti-Family Res (5+ Units)Year Built1988ZoningLAR3CountyLOS ANGELESAPN5504-024-038

Schools near 326 South Wilton Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Third Street Elementary School
PublicK to 5

Magnolia Science Academy 6 School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Everest Value
CharterK 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.

Similar Homes

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326 South Wilton Place is a multi-family home for sale in Los Angeles, CA 90020. This property was listed for sale on April 8, 2024 by New Star Realty & Investment, it's currently listed at $2,850,000. It has been on the market for a total of 22 days and was last sold on June 21, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include Third Street Elementary School, Magnolia Science Academy 6 School and Fairfax Senior High School. 326 South Wilton Place is a 8-bed, 8-bath, 4,825 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Star Realty & Investment, Soo Yeol Oh, DRE #01879346; New Star Realty & Investment, Hyun Soo Oh, DRE #02100135

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.