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1251 S Wilton Pl 8 Unit Apartment Building $2,250,000 ($281,250/Unit) 5% Cap Rate Los Angeles, CA 90019
Investment Highlights
- Charming 8-Unit Spanish-Style Apartment in Country Club Park
- Recent Capital Improvements & Two Units Delivered Vacant at C.O.E.
- Strong In-Place Income with Rental Upside Potential(current $13,557/mo)
- Separately Metered for Gas & Electricity + Garage Income
Executive Summary
Charming 8-unit Spanish-style apartment in Country Club Park, built in 1934 on a 10,494 sqft lot. The property generates $13,557 in total monthly income with strong rental upside potential and additional garage income. Separately metered for gas and electricity. Recent improvements include new landscaping, exterior paint, upgraded garages, driveways, and a surveillance system; one unit has been remodeled. Fully leased, with two units delivered vacant at C.O.E. Please do not disturb occupants.
Data Room Click Here to Access
Property Facts
| Price | $2,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $281,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 5% | Building Size | 5,634 SF |
| Gross Rent Multiplier | 13.83 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1934 |
| Property Subtype | Apartment | Parking Ratio | 1.24/1,000 SF |
| Zoning | C4, Los Angeles - Commercial | ||
| Price | $2,250,000 |
| Price Per Unit | $281,250 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Gross Rent Multiplier | 13.83 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,634 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1934 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | C4, Los Angeles - Commercial |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Storage Space
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $2,100 | - |
| 2+1 | 1 | $2,400 | - |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5081-023-011 | Improvements Assessment | $694,987 |
| Land Assessment | $1,446,156 | Total Assessment | $2,141,143 |
Property Taxes
Parcel Number
5081-023-011
Land Assessment
$1,446,156
Improvements Assessment
$694,987
Total Assessment
$2,141,143
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Videos
Matterport 3D Exterior
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Photos
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Map
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Presented by
Ivy Realty
1251 S Wilton Pl
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