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$1,499,000

Est. payment - /mo

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7 Beds

7 Baths

2,660 SqFt

Open 2/1 1PM-4PM

1023 S Wilton PL Los Angeles, CA 90019

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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Sun Feb 01, 1:00pm - 4:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,660 sqft

Price per Sqft $563

MLS Listing ID 25615143

Bedrooms 7

Full Baths 7

HOA Y/N No

Year Built 1917

Lot Size 7,954 Sqft

Property Sub-Type Single Family Residence

Property Description

A prime opportunity for investors or owner users in the heart of Koreatown. This spacious 7 bedroom, 7 bathroom home on a 7,955 sqft lot offers excellent flexibility for both owner users and investors. Ideally located near major markets, trendy restaurants, and shopping destinations, the property sits in one of Los Angeles' most convenient and vibrant neighborhoods. The current owner operates the property as a boarding house, renting out private bedrooms and generating approximately $6000 per month, with the potential to earn over $8700 monthly when fully leased. Each bedroom includes its own bathroom, providing comfort and privacy for every occupant. The second floor has a separate entrance, a full kitchen, and four large bedrooms with en suite bathrooms, making it perfect for co-living or a separate rental setup. The detached garage has been converted into a studio with a private bathroom, creating an additional income opportunity. The home also offers ample parking, including a gated carport and driveway, along with a dedicated laundry area for tenants. Solar panels provide added efficiency and long term savings. Property will be delivered in its current condition and can be delivered vacant upon request.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR1

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Carport, Detached Carport, Private

Pool None

View Y/N Yes

Total Parking Spaces 7

Private Pool No

Building

Story 2

Entry Level Multi/Split

Architectural Style See Remarks

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5081024011

Special Listing Condition Standard

Listed by H. Jason Yang GAIA

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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