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

$1,000,000
  • 6 Beds
  • 5 Baths
  • 3,166 Sq.Ft.
For Sale
$1,000,000 Get Pre-Qualified

Map preview of 912 N Wilton Pl, Los Angeles, CA 90038

Property Overview: 912 N Wilton Pl Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,166 living square feet and 7,055 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: Well-maintained 3,166 square foot property situated on a 7,053 square foot LARD1.5 zoned lot. The building is made up of five (5) units, with a great unit mix of one (1) studio unit, two (2) one bedroom & one bathroom units, and two (2) two bedroom & one bathroom units. The property has tremendous rental upside potential. Each unit is separately metered for gas and electricity. There are four (4) parking spaces. Located in Hollywood, on Wilton Place, near Western Ave. & Santa Monica Blvd., with very easy access to the 101 Freeway. The location is deemed "Very Walkable" with a score of 89 out of 100, as many errands can be accomplished by foot. Nearby you can find many fast casual dining options, restaurants, grocery stores, parks, and more! Including Chick-Fil-A, Osteria La Buca, & Dave's Hot Chicken. Because of the large amount of employment opportunities at Paramount Studio's, Netflix, local production and post-production houses, this area has stable tenant base and is highly sought after by the professional tenant. You are within five minutes of all of the restaurants, bars, and entertainment that the hippest areas in LA: Echo Park, Sunset Junction, Silverlake, Koreatown, Hollywood, Downtown LA and West Hollywood all have to offer. The subject property is located in the City of Los Angeles and is subject to LA Rent Control.

Listed by Nicole Apostolos | BRE #01464936 | Equity Union
Last checked: 2 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
7,055
HOA Dues
$0/mo
Year built
1941
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24427337
City
Los Angeles
County
Los Angeles
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,587
  • Total Rent: $3,175
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $936
  • Total Rent: $936
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,990
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.04%
  • Gross Rent Multiplier: 12.61
  • Gross Scheduled Income: --
  • Net Operating Income: $50,380
  • Gross Operating Income: $76,952
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 912 N Wilton Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two, One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Three Door, Driveway
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 5
  • Parcel Number: 5535008001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On the Corner of Wilton Pl & Barton Ave
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Sale History for 912 N Wilton Pl

Last sold for $500,000 on May 14th, 2010
  • August, 2024

  • Aug 14, 2024

    Date

    Active

    CRMLS: 24427337

    $1,000,000

    Price

  • May, 2010

  • May 14, 2010

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • September, 2008

  • Sep 25, 2008

    Date

    Sold (Public Records)

    Public Records

    $527,256

    Price

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Tax History for 912 N Wilton Pl

Assessed Value (2020): $590,137
Year Land Value Improved Value Assessed Value
2020 $354,084 $236,053 $590,137

Home Value Compared to the Market

This property vs the competition

912 N Wilton Pl is listed 16.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $315.86 per/sqft which puts the price per square foot 58.87% lower than the median price per square foot for the city of Los Angeles.

About 912 N Wilton Pl

Detailed summary of property

912 N Wilton Pl is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 6 bedrooms, 5 bathrooms, roughly 3,166 living square feet, and sits on an approximately 7,055 square foot lot. 912 N Wilton Pl was first listed on ArdentRealEstateGroup.com on August 14, 2024. The homeowner is currently asking $1,000,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.67% lower than the median priced home. Local competing homes currently for sale include 5816 Willoughby Ave, 472 N Oxford Ave and 1412 N Serrano Ave. While the average home in Los Angeles, CA is selling in 106 days, 912 N Wilton Pl has a days on market of 33 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. For more information on this home for sale at 912 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 912 N Wilton Pl

Public county record property details
Beds
6
Baths
5
Year built
1941
Sq. Ft.
3,166
Lot Size
7,053
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5535-008-001

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.
$666
Median Sold Price
$1,089,000
Median Sold Price/Sq.Ft.
$642
Total Inventory
47
Median Sale to List Price %
90.83%
Avg Days on Market
48
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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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.