1506 S Wilton Pl Los Angeles, CA 90019

$1,260,012 Sold Price as of 10/11/2012

18 Beds
12 Baths
10,536 Sq.Ft.

Off Market

$1,260,012 Sold Price as of 10/11/2012 Refinance Your Mortgage

Map preview of 1506 S Wilton Pl, Los Angeles, CA 90019

Property Overview: 1506 S Wilton Pl Los Angeles, CA has 18 bedrooms, 12 bathrooms, 10,536 living square feet and 13,164 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1506 S Wilton Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1506 S Wilton Pl

Last sold for $1,260,012 on October 11th, 2012

March, 2021
Mar 19, 2021

Date

Canceled

CRMLS: PW21048626

$3,400,000

Price
Mar 8, 2021

Date

Active

CRMLS: PW21048626

$3,400,000

Price
Listing provided courtesy of CRMLS

1506 South Wilton Place is a partially renovated 12-unit apartment building in Los Angeles’ Arlington Heights neighborhood with 49 percent potential upside in rents. The building is a 1921 construction with a desirable mix of nine two-bed/one-bath and three one-bed/one-bath units that are separately metered for gas and electricity. Half of the units have been recently remodeled. The property also offers on-site laundry and eight surface parking spaces. 1506 South Wilton Place is located less than a mile north of the 10 Freeway, offering easy access to Downtown LA’s major employers and entertainment. The property is four blocks west of Western Avenue and Western Plaza Shopping Center (home to Food4Less, CVS, Panda Express, Wingstop, and more), and two blocks east of Pio Pico Middle School.This is a very dense rental area where over 84 percent of housing units within one mile are renter-occupied. Arlington Heights has begun to see an increase in development recently as the Koreatown boom spreads southwest. Two notable major developments projects in this neighborhood include the five-story, 28-unit building with streetfront commercial space and parking currently under construction at 3617 Venice Boulevard, less than a mile from the subject property, and The Arlington, a recently approved project that will see the rise of a four-story building with 84 apartments and 2,400 square feet of commercial space at 3300 Washington Boulevard, also less than a mile from the property.

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February, 2021
Feb 25, 2021

Date

Expired

CRMLS: PW20188186

$3,600,000

Price
Feb 24, 2021

Date

Withdrawn

CRMLS: PW20188186

$3,600,000

Price
Sep 10, 2020

Date

Active

CRMLS: PW20188186

$3,600,000

Price
Listing provided courtesy of CRMLS

1506 South Wilton Place is a partially renovated 12-unit apartment building in Los Angeles’ Arlington Heights neighborhood with 33 percent potential upside in rents. The building is a 1921 construction with a desirable mix of nine two-bed/one-bath and three one-bed/one-bath units that are separately metered for gas and electricity. Half of the units have been recently remodeled. The property also offers on-site laundry and eight surface parking spaces. 1506 South Wilton Place is located less than a mile north of the 10 Freeway, offering easy access to Downtown LA’s major employers and entertainment. The property is four blocks west of Western Avenue and Western Plaza Shopping Center (home to Food4Less, CVS, Panda Express, Wingstop, and more), and two blocks east of Pio Pico Middle School.This is a very dense rental area where over 84 percent of housing units within one mile are renter-occupied. Arlington Heights has begun to see an increase in development recently as the Koreatown boom spreads southwest. Two notable major developments projects in this neighborhood include the five-story, 28-unit building with streetfront commercial space and parking currently under construction at 3617 Venice Boulevard, less than a mile from the subject property, and The Arlington, a recently approved project that will see the rise of a four-story building with 84 apartments and 2,400 square feet of commercial space at 3300 Washington Boulevard, also less than a mile from the property.

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October, 2012
Oct 11, 2012

Date

Sold (Public Records)

Public Records

$1,260,012

Price
October, 2003
Oct 31, 2003

Date

Sold (Public Records)

Public Records

$754,000

Price

Tax History for 1506 S Wilton Pl

Assessed Value (2020): $1,418,735

Year	Land Value	Improved Value	Assessed Value
2020	$855,745	$562,990	$1,418,735

About 1506 S Wilton Pl

Detailed summary of property

1506 S Wilton Pl is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and last sold on October 11, 2012 for $1,260,012. This property has 18 bedrooms, 12 bathrooms, roughly 10,536 living square feet, and sits on an approximately 13,164 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 12.5% higher than the current median priced home. 1506 S Wilton Pl was last sold on October 11, 2012 for $1,260,012. Local nearby listings include 1934 S Western Ave, 1146 S Oxford Ave and 2271 W 23rd St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1506 S Wilton Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1506 S Wilton Pl

Public county record property details

Beds: 18
Baths: 12
Year built: 1921
Sq. Ft.: 10,536
Lot Size: 13,164
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5073-005-015

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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