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440 S Wilton Pl, Los Angeles, CA 90020
$2,250,000
440 S Wilton Pl, Los Angeles, CA 90020View this property at 440 S Wilton Pl, Los Angeles, CA 90020
440 S Wilton PlLos AngelesCA90020
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Property Description
OVERBID HEARING SCHEDULED ON TUESDAY, AUGUST 22, 2023. OPENING BID WILL BE $2,363,000. 440 S Wilton Pl. is a well located 7,058 square foot eight (8) unit apartment building in Koreatown. It is composed of four 1+1 units, two 2+1.5 units and two 3+1.5 units. Seven (7) of the eight (8) units will be delivered vacant providing a rare opportunity! Rents for the vacant units are projected. Each unit averages over 875 sq. ft. and is separately metered for gas and electricity. The property is situated on a 8,630 square foot lot and is zoned LAR3 (ADDITIONAL PARCEL 5504-025-026). There are eight (8) onsite parking spaces and onsite laundry. Property in the Los Angeles REAP Program. The subject property is also ideally located near the 101 freeway and is walking distance to the Wilshire/Western Metro Station. It is deemed a "Walker's Paradise" earning a walkability score of 90. Located South of 3rd St. on Wilton Pl. with easy access to all of the excellent restaurants, shopping and entertainment Koreatown, Hollywood and Downtown LA have to offer. This property presents a VERY UNIQUE opportunity for an investor looking to renovate and re-tenant a building to capture CASH FLOW.
Full Property Details
Full Property Details for 440 S Wilton Pl
General
- Sold For: $2,250,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-270866
- Added to Site: 382 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 14
Additional Information
- Security/Safety: None
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: None
Location
- Area: Hancock Park-Wilshire
- County: Los Angeles
- Driving Directions: West of Western Avenue, South of 3rd Street.
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 8,630
- Sq. Ft. Source: Title Company
- Year Built: 1956
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 8
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1.5
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1751
- Lot Size: 8630
- Lot Size Source: Estimated
- Alley: Yes
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $278.1
- Assessment Year: 1956
Disclosures and Reports
- Disclosures/Reports: Court Approval Required, As Is
- APN: 5504-025-004
Listed and Sold by Equity Union, Nicole Apostolos
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Schools
Schools serving 440 S Wilton Pl
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
201 S June St, Los Angeles, CA 90004 | K-5 | 1.3 mi | |
600 S McCadden Pl, Los Angeles, CA 90005 | 6-8 | 1.3 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 440 S Wilton Pl
Date
Details
Price
Change
Source
12/04/2023
Sold
$2,250,000
-6.25%
MLS
5/16/2023
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
440 S Wilton Pl, Los Angeles, CA 90020 (MLS# 23-270866) is a Multi-Family property that was sold at $2,250,000 on December 04, 2023. Want to learn more about 440 S Wilton Pl? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.