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1251 S Wilton Place
USD 2,390,000
Property ID: 25501581
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1251 S Wilton Place ,90019
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icon 10494 SqFt
icon Built in 1934
icon USD 228/SqFt
icon 9 Beds
icon 8 Full
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Location
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Interior Details
Bedrooms
9
Bathrooms
8
Interior Size
5634
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1934
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Detailed Introduction Of This Home
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 refrain from entering the property or disturbing the occupants.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (38)
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1251 S Wilton Place
USD 2,390,000 9 Beds
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