1532 S Wilton Pl
Los Angeles, CA 90019

28 Beds
14 Baths
9,916 Sq Ft
103 Days on Market

For Sale $3,075,000
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Courtesy of Avenue Realty Group

Listing Agent & Comments

Jonathan RawsonAvenue Realty Group
310-869-9137jon@avenuerg.com License #02010400
LARGE PRICE REDUCTION! BRING ALL OFFERS! 14 existing units in prime Mid City LA with RTI's and approved plans by the City of LA to begin building (2) ADU's in the back, which would turn the building into 16 units and add substantial income, all while still having plenty of on-site tenant parking spaces post-ADU completion. This 1960's construction building has all 2 Bed/1 Bath units and is offered at a low $219,643 per unit, with the opportunity to make it $192,188 per unit post-ADU completion. In-place 12.4 GRM on current rents with the upside to a 6.35 GRM. The roof was replaced in 2017, has copper plumbing throughout, EQ retrofitting has been completed, brand new master water heater, and brand-new on-site laundry room for tenants. There's 100% rental upside for the next owner to achieve, and approximately 65% rental upside after ADU's are completed and assuming all other rents stay the same. There's everything to love about this prime and central Mid City location as it borders West Adams, Koreatown and Downtown Los Angeles and Pico Union.

Listing Broker Offer of Compensation is 1.5%.*
MLS# 24355599 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Additional home details
Living Area9,916 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms28
Bathrooms14
Stories2
Year Built1960
Property TypeMulti Family
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$36,040
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$2,974,272
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

1532 S Wilton Pl, Los Angeles, CA 90019

Multi Family
28 Beds
14 Baths
9,916 Sq Ft
103 Days on Market

Listing Agent & Comments

Jonathan RawsonAvenue Realty Group
310-869-9137jon@avenuerg.com License #02010400
LARGE PRICE REDUCTION! BRING ALL OFFERS! 14 existing units in prime Mid City LA with RTI's and approved plans by the City of LA to begin building (2) ADU's in the back, which would turn the building into 16 units and add substantial income, all while still having plenty of on-site tenant parking spaces post-ADU completion. This 1960's construction building has all 2 Bed/1 Bath units and is offered at a low $219,643 per unit, with the opportunity to make it $192,188 per unit post-ADU completion. In-place 12.4 GRM on current rents with the upside to a 6.35 GRM. The roof was replaced in 2017, has copper plumbing throughout, EQ retrofitting has been completed, brand new master water heater, and brand-new on-site laundry room for tenants. There's 100% rental upside for the next owner to achieve, and approximately 65% rental upside after ADU's are completed and assuming all other rents stay the same. There's everything to love about this prime and central Mid City location as it borders West Adams, Koreatown and Downtown Los Angeles and Pico Union.

Listing Broker Offer of Compensation is 1.5%.*
MLS# 24355599 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Additional home details
Living Area9,916 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms28
Bathrooms14
Stories2
Year Built1960
Property TypeMulti Family
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$36,040
Property in Flood Zone--
We’ll connect you with top agents in your area.
Missing property details data
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,075,000
Request tour
Save
Courtesy of Avenue Realty Group
1532 S Wilton Pl
Los Angeles, CA 90019

28 Beds
14 Baths
9,916 Sq Ft
103 Days on Market

Listing Agent & Comments

Jonathan RawsonAvenue Realty Group
310-869-9137jon@avenuerg.com License #02010400
LARGE PRICE REDUCTION! BRING ALL OFFERS! 14 existing units in prime Mid City LA with RTI's and approved plans by the City of LA to begin building (2) ADU's in the back, which would turn the building into 16 units and add substantial income, all while still having plenty of on-site tenant parking spaces post-ADU completion. This 1960's construction building has all 2 Bed/1 Bath units and is offered at a low $219,643 per unit, with the opportunity to make it $192,188 per unit post-ADU completion. In-place 12.4 GRM on current rents with the upside to a 6.35 GRM. The roof was replaced in 2017, has copper plumbing throughout, EQ retrofitting has been completed, brand new master water heater, and brand-new on-site laundry room for tenants. There's 100% rental upside for the next owner to achieve, and approximately 65% rental upside after ADU's are completed and assuming all other rents stay the same. There's everything to love about this prime and central Mid City location as it borders West Adams, Koreatown and Downtown Los Angeles and Pico Union.

Listing Broker Offer of Compensation is 1.5%.*
MLS# 24355599 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Additional home details
Living Area9,916 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms28
Bathrooms14
Stories2
Year Built1960
Property TypeMulti Family
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$36,040
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$2,974,272
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,075,000
Request tour
Save
Courtesy of Avenue Realty Group