1400 Wilton Place, Los Angeles

$2,150,000

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18 Beds
10 Baths
.3 Acre
0 Garage

Don't miss this WOOD-FRAME/Brick Façade property (Buyer to Verify) - with 8 incredibly spacious floor plans! This 8-Unit multifamily investment opportunity is located in the heart of Mid-City/Arlington Heights submarket, just south of Pico Boulevard by Arlington. The building measures at 10,610 SF offering prospective renters with floor plans averaging approximately 1,300 SF per unit - and an attractive unit mix consisting of (6) two-bedroom units , and (2) three-bedroom units. Phenomenal value-add potential with approximately 50% in upside in rents from current to market. On-site Parking for 8 cars and In-Unit Washer/Dryers.

Essential Information

MLS® #
PW24085037
Price
$2,150,000
Bedrooms
18
Bathrooms
10.00
Acres
0.30
Year Built
1922
Type
Residential Income
Sub-Type
Mixed Use
Status
Active

Community Information

Address
1400 Wilton Place
Area
C16 - Mid Los Angeles
City
Los Angeles
County
Los Angeles
Zip Code
90019
Community Features
Urban
Senior Community
N

Amenities

Pool
None

Interior

# of Stories
2

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
April 29th, 2024
Days on Market
22
Zoning
LAR3

Listing Details

Agent
Everett Wong
Office
Greysteel California, Inc.

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Everett Wong - Greysteel California, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 10:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.