CA > Los Angeles
Los Angeles, CA 90019,1251 S Wilton Place
Los Angeles, CA 90019,1251 S Wilton Place
Los Angeles, CA 90019,1251 S Wilton Place
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$2,390,000
Est. payment /mo
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5,634 SqFt
Active

1251 S Wilton Place Los Angeles, CA 90019

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Disen Cai

Disen Cai

+1(650) 622-2156

UPDATED:

03/04/2025 02:33 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,634 sqft

Price per Sqft $424

MLS Listing ID CL25501581

HOA Y/N No

Year Built 1934

Lot Size 10,494 Sqft

Acres 0.24

Property Sub-Type Other

Property Description

Welcome to this charming 8-unit apartment building, featuring classic Spanish-style architecture in the coveted Country Club Park neighborhood. Nestled amidst tranquil single-family homes, this impeccably managed property offers a serene setting, gated off at Pico Boulevard. Built in 1934 on a generous 10,491 sqft lot, this property presents significant income potential, with rents currently below market value. It consists of eight units (seven 1-bed/1-bath units and one 2-bed/1-bath unit), generating a total monthly income of $13,183. Additionally, six out of seven garages provide extra rental income opportunities. Recent enhancements include newly landscaped gardens with lush turf, rose trees, and fresh greenery, as well as newly applied exterior paint. The property also boasts upgraded garages, driveways, and a modern surveillance system. Each unit is separately metered for gas and electricity. One unit has been tastefully remodeled with new appliances. The property passed its housing inspection in October 2023 and offers easy access to the 10 Freeway, Mid-Wilshire, Koreatown, and Downtown LA. Fully leased with stable income and strong future potential, this investment opportunity is not to be missed. Two units will be delivered vacant at close of escrow (C.O.E.). Please refra

Location

State CA

County Los Angeles

Zoning LAC4

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry No Hookups

Building

New Construction No

Others

Tax ID 5081023011

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ki Seon Im • Ivy Realty Co.

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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