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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

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    $2,256/mo

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    $2,256/mo

    Rent Zestimate®

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    $15,009/mo

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    $15,009/mo

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    What's special

    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.

    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