$1,390,000
Est. $7,784/mo1023 Wilton Place, Los Angeles, CA 90019
About this home
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.
infoProperty Facts
Bedrooms
7
Bathrooms
7
Square Feet
2,660
Property Type
Single Family Residence
Days on Market
22
HOA Fee
N/A
MLS #
26647863
chairInterior Details
General Interior
Flooring
Carpet, Wood
Kitchen & Appliances
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
garageParking
Total Parking Spaces
7
deckExterior & Lot
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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