326 S Wilton Pl, Los Angeles, CA 90020
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326 S Wilton Pl Los Angeles, CA 90020

$2,850,000
  • 8 Beds
  • 8 Baths
  • 4,825 Sq.Ft.
For Sale
$2,850,000 Get Pre-Qualified

Map preview of 326 S Wilton Pl, Los Angeles, CA 90020

Property Overview: 326 S Wilton Pl Los Angeles, CA has 8 bedrooms, 8 bathrooms, 4,825 living square feet and 6,908 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Location, Location, Location!!! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and 3rd Street Elementary School area. 7 unit apartment with no rent control near Hancock Park. Six units of 1 bed/1 bath and one unit of 2 beds/2 baths with 8 parking spaces. Units in good condition and well maintained with hardwood flooring throughout in this easy to rent building. Downstairs unit (2 beds/2 bath) has own parking, storage and front yard. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction. Drive by only. Please do not disturb the tenants. Shown on accepted offers only.

Listed by Soo Yeol Oh | BRE #01879346 | New Star Realty & Investment
Co-listed by Hyun Soo Oh | BRE #02100135 | New Star Realty & Investment
Last checked: 29 seconds ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 20
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Home details

Lot Sq. Ft
6,908
HOA Dues
$0/mo
Year built
1988
Garage
8 Car
Property Type:
Apartment
Status
Active
MLS#
PW24069523
City
Los Angeles
County
Los Angeles
Time on Site
24 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 8
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,820
  • Total Rent: $2,820
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: 15.5
  • Gross Scheduled Income: $183,840
  • Net Operating Income: $133,210
  • Gross Operating Income: $183,840
  • Laundry Income: $4,800
  • Laundry Own/Lease: Own
  • Other Income Description: Coin Laundry
Annual Expense Breakdown
  • Total Operating Expense: $50,630
  • Electric: $300
  • Gas/Fuel: $2,000
  • New Taxes: $35,000
  • Trash: $3,130
  • Insurance: $2,500
  • Professional Management: $6,900
  • Water/Sewer: $800

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Property Details for 326 S Wilton Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Recirculated Exhaust Fan
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Brick, Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered, Garage
Lot Information
  • Lot Features: Lot 6500-9999, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 5504024038
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Directions: S Wilton Place and W 3rd Street.
Neighborhood Information
  • Community Features: Street Lights
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Sale History for 326 S Wilton Pl

Last sold for $1,137,000 on June 9th, 2010
  • April, 2024

  • Apr 8, 2024

    Date

    Active

    CRMLS: PW24069523

    $2,850,000

    Price

  • July, 2023

  • Jul 11, 2023

    Date

    Expired

    CRMLS: PW23037840

    $2,850,000

    Price

  • Mar 7, 2023

    Date

    Active

    CRMLS: PW23037840

    $2,890,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2023

  • Feb 1, 2023

    Date

    Expired

    CRMLS: PW22234240

    $2,990,000

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: PW22234240

    $2,990,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2010

  • Jun 9, 2010

    Date

    Sold (Public Records)

    Public Records

    $1,137,000

    Price

  • June, 2010

  • Jun 9, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 326 S Wilton Pl

Assessed Value (2020): $1,343,987
Year Land Value Improved Value Assessed Value
2020 $810,859 $533,128 $1,343,987

Home Value Compared to the Market

This property vs the competition

326 S Wilton Pl is listed 132.65% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $590.67 per/sqft which puts the price per square foot 23.69% lower than the median price per square foot for the city of Los Angeles.

About 326 S Wilton Pl

Detailed summary of property

326 S Wilton Pl is a apartment located in Los Angeles, CA 90020 and is currently for sale. This apartment offers 8 bedrooms, 8 bathrooms, roughly 4,825 living square feet, and sits on an approximately 6,908 square foot lot. 326 S Wilton Pl was first listed on ArdentRealEstateGroup.com on April 8, 2024. The homeowner is currently asking $2,850,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 132.65% higher than the median priced home. Local competing homes currently for sale include 251 N Kenmore Ave, 1121 5th Ave and 803 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 96 days, 326 S Wilton Pl has a days on market of 20 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 326 S Wilton Pl Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 326 S Wilton Pl

Public county record property details
Beds
8
Baths
8
Year built
1988
Sq. Ft.
4,825
Lot Size
6,908
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5504-024-038

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$658
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
48
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Related Resources to 326 S 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.