440 S Wilton Pl. is a MOSTLY VACANT PROBATE SALE! The property is a well located 7,058 square foot eight unit apartment building. It is composed of four 1+1 units, two 2+1.5 units and two 3+1.5 units. Each unit averages over 875 sq. ft. and is separately metered for gas and electricity. The property is situated on a 7,625 square foot lot and is zoned LAR3. Seven of the eight units will be delivered VACANT and there is parking for all. No seismic retrofitting required and being sold "As-Is." The subject property is located in the up and coming Koreatown area of Los Angeles. Located South of 3rd St. on Wilton Pl. it provides easy access to all of the excellent restaurants, shopping and entertainment Koreatown, Hollywood and Downtown LA have to offer, making it highly sought after by the young professional tenant. Within close proximity to Montys Good Burger, Parks BBQ, California Marketplace and many other local eateries and bars. The subject property is also ideally located near the 101 freeway and is walking distance to the Wilshire/Western Metro Station. It is deemed a "Walkers Paradise" earning a walkability score of 90. This property presents a VERY UNIQUE opportunity for an investor looking to renovate and re-tenant a building to capture excellent CASH FLOW. Please do not disturb tenant.
Off market
$2,401,000
440 S Wilton Pl, Los Angeles, CA 90020
14beds
8baths
7,058sqft
MultiFamily
Built in 1956
-- sqft lot
$2,401,000 Zestimate®
$340/sqft
$2,256 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
 - Bathrooms: 8
 
Heating
- Other
 
Cooling
- Wall
 
Interior area
- Total interior livable area: 7,058 sqft
 
Property
Parking
- Total spaces: 7
 - Parking features: Garage - Detached
 
Lot
- Size: 7,627 sqft
 
Details
- Parcel number: 5504025004
 
Construction
Type & style
- Home type: MultiFamily
 
Condition
- Year built: 1956
 
Community & neighborhood
Location
- Region: Los Angeles
 
Other
Other facts
- County: Los Angeles
 - ListingStatus: Active
 - PropertyType: Residential Income
 - SourceLivingArea: Vendor Enhanced
 - Cooling: Wall/Window
 - Equipment: Other
 - SourceLotSizeArea: Vendor Enhanced
 - Heating: Other
 - ListingArea: Hancock Park-Wilshire
 - ParkingGarage: Detached
 - Country: US
 - UnitTypeType: 2106, 2107, 2108
 
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Estimated market value
$2,401,000