1023 South Wilton Place

Los Angeles, CA 90019

$1,615,000
Price
5
Beds
7
Baths
2,660 Sq. Ft.
$607 / Sq. Ft.
2,660
Sq. Ft.
$607
per Sq. Ft.

Description

Location, Location, Location! This exceptional property is nestled in the desirable Country Club Park, providing unmatched convenience to major markets, an array of restaurants, and bustling shopping malls. The first floor boasts a generous layout, featuring two large bedrooms and one well appointed bathroom. A fully equipped kitchen perfect for cooking and entertaining. Dedicated laundry space for added convenience. A cozy living room ideal for relaxation and gatherings. The second floor has its...Location, Location, Location! This exceptional property is nestled in the desirable Country Club Park, providing unmatched convenience to major markets, an array of restaurants, and bustling shopping malls. The first floor boasts a generous layout, featuring two large bedrooms and one well appointed bathroom. A fully equipped kitchen perfect for cooking and entertaining. Dedicated laundry space for added convenience. A cozy living room ideal for relaxation and gatherings. The second floor has its own entrance, ensuring privacy and independence from the first floor. Another fully functional kitchen, providing the option for separate living quarters. Four sizeable individual bedrooms offer ample living space. Each bedroom has their own private bathroom. Ample parking spaces for all the units including a carport, offering secure and convenient parking for residents. The outside unit has been skillfully converted into a studio with its own bathroom, adding another potential rental unit. With its spacious layout and flexible living
arrangements, there are numerous possibilities for future improvements and value-add projects. This property represents a prime investment opportunity, situated in a high demand area, diverse rental options, and strong income potential. Don't miss out on the chance to capitalize on this versatile and lucrative real estate asset.
  1. Listed by Daniel Yoo • DRE #01855213 • Brokerage DRE #02104120 • Dream Realty La Crescenta • 818-389-1872

Property Details for 1023 South Wilton Place

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
6.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
LISTING UPDATED: 09/04/2024 07:28 AM

Property Details for 1023 South Wilton Place

StatusActive
MLS #GD24135002
Days on Market177
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1917
Lot Size0.18 AC / 7,955 SF
CountyLos Angeles County

Building Information for 1023 South Wilton Place

Stories2Residences-Year Built1917Building Size-Lot Size0.18 AC / 7,955 SF

Property Information for 1023 South Wilton Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $92,100
  • Gross Scheduled Income: $92,100
  • Net Operating Income: $82,562
Expense Details
  • Operating Expense: $9,538
  • Fuel Expense: $1,200
  • Electric Expense: $5,500
  • Insurance Expense: $1,500
  • Professional Management Expense: $0
  • Trash Expense: $438
  • Water Sewer Expense: $900
  • Total Expenses: $9,538
Tax / Assessment Info
  • Tax Tract Number: 2000
  • Tax Census Tract: 2131.00
  • CFD/Mello-Roos Fee: $458
  • Tax Lot: 361
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Park
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Fireplace Features: None
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Carpet, Laminate
Exterior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Security: Automatic Gate, Security Bars
  • Roof: Composition, Shingle
  • Entry Location: Wilton
  • Foundation Details: Raised
  • Pool Features: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Green Energy Generation: Solar
Land/Lot Info
  • Lot Features: Rectangular Lot, Up Slope from Street
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Features: Carport, Paved, Private
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • 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: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1400
  • 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: $1,275
  • Unit Type Total Rent: $1,275
  • Unit Type Pro Forma: 1400
  • 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: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 1023 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 1023 South Wilton Place

Taxable ValueLand$1,040,400Additions$260,100Total$1,300,500
Tax Record2024$16,056 ($1,338 / month)
Home Facts
Beds4Total Finished SqFt2,660 SqFtAbove Grade Finished SqFt2,660 SqFtStories2Lot Size7,952 SqFtStyleSingle Family ResidenceYear Built1917ZoningLAR1CountyLOS ANGELESAPN5081-024-011

Schools near 1023 South Wilton Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Pio Pico Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Magnolia Science Academy 6 School
Charter6 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.

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1023 South Wilton Place is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on July 2, 2024 by Dream Realty La Crescenta, it's currently listed at $1,615,000. It has been on the market for a total of 177 days and was last sold on January 19, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School and Los Angeles Senior High School. 1023 South Wilton Place is a 5-bed, 7-bath, 2,660 sqft multi-family home built in 1917.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dream Realty La Crescenta, Daniel Yoo, DRE #01855213

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.