1268 N Wilton Pl, Los Angeles, CA 90038
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1268 N Wilton Pl Los Angeles, CA 90038

$1,505,000 Sold Price as of 06/14/2024
  • 1656 Beds
  • 1281 Baths
  • 7,528 Sq.Ft.
Sold
$1,505,000 Sold Price as of 06/14/2024 Refinance Your Mortgage

Map preview of 1268 N Wilton Pl, Los Angeles, CA 90038

Property Overview: 1268 N Wilton Pl Los Angeles, CA has 1656 bedrooms, 1281 bathrooms, 7,528 living square feet and 7,502 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FIRST TIME ON THE MARKET IN OVER 20 YEARS! One-of-a-kind opportunity to own this incredible investment building with plenty of ADD-ON value in one of the most central and desirable locations of LA. This property offers 9 units plus additional storage income and a convenience store. Couple of units have been upgraded with newer flooring, paint and fixtures. Currently, all of the units are tenant occupied, most of the leases including convenience store are month-to month and one of the units potentially could be delivered vacant.

Listed by Laura Meldere | BRE #01963657 | Beverly and Company, Inc.
Last checked: 7 minutes ago | Last updated: June 15th, 2024 | Source CRMLS | DOM: 188

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23332911
City
Los Angeles
County
Los Angeles
Time on Site
222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 127
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,154
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 127
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,845
  • Total Rent: $2,045
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 268
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $906
  • Total Rent: $876
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 127
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,154
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 127
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,678
  • Total Rent: $1,618
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 124
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $2,054
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 7
  • # of Units: 127
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,463
  • Total Rent: $1,411
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 8
  • # of Units: 127
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $748
  • Total Rent: $794
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 9
  • # of Units: 127
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $821
  • Total Rent: $794
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 10
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $4,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.6
  • Gross Scheduled Income: --
  • Net Operating Income: $146,396
  • Gross Operating Income: $156,396
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1268 N Wilton Pl

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 9
  • Parcel Number: 5536002023
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica blvd
View more facts & features

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Sale History for 1268 N Wilton Pl

Last sold for $1,505,000 on June 14th, 2024
  • June, 2024

  • Jun 14, 2024

    Date

    Sold

    CRMLS: 23332911

    $1,505,000

    Price

  • Nov 16, 2023

    Date

    Active

    CRMLS: 23332911

    $2,500,000

    Price

  • December, 2004

  • Dec 20, 2004

    Date

    Sold (Public Records)

    Public Records

    $898,000

    Price

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Tax History for 1268 N Wilton Pl

Assessed Value (2020): $1,144,542
Year Land Value Improved Value Assessed Value
2020 $860,323 $284,219 $1,144,542

Home Value Compared to the Market

This property vs the competition

1268 N Wilton Pl sold on June 14, 2024 for 37.17% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $205.9 per/sqft which puts the price per square foot 72.69% lower than the current median sale per square foot for the city of Los Angeles.

About 1268 N Wilton Pl

Detailed summary of property

1268 N Wilton Pl is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 1656 bedrooms, 1281 bathrooms, roughly 7,528 living square feet, and sits on an approximately 7,502 square foot lot. 1268 N Wilton Pl was first listed on ArdentRealEstateGroup.com on November 17, 2023. The homeowner sold the property for $1,505,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.17% higher than the current median priced home. Local homes that are currently for sale include 947 N Ardmore Ave, 741 N Harvard Blvd and 542-544 N Windsor Blvd. While the average home in Los Angeles, CA is selling in 98 days, 1268 N Wilton Pl has a days on market of 188 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1268 N Wilton Pl Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1268 N Wilton Pl

Public county record property details
Beds
4
Baths
4
Year built
1921
Sq. Ft.
7,528
Lot Size
7,499
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5536-002-023

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$720
Total Inventory
44
Median Sale to List Price %
110%
Avg Days on Market
88
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Related Resources to 1268 N Wilton Pl

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.