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INVESTMENT HIGHLIGHTS
- Near the 10 freeway
- Close to public transportation
- Walkable area
- Centrally located in Los Angeles
EXECUTIVE SUMMARY
Turnkey Arlington Heights cash-flowing opportunity! 1608 S Wilton Pl features two fully leased buildings on a gated 7,978 SF lot with onsite parking and easy access to the 10 Freeway. Centrally located in Los Angeles, the property appeals to both professionals and families seeking convenience and accessibility. The front building offers two spacious three-bedroom apartments, while the rear building includes four modern two-bedroom, one-bath units. Situated in a highly walkable neighborhood surrounded by vibrant shops, restaurants, and transit options, this asset is ideal for investors or 1031 exchange buyers looking for immediate income in a prime Los Angeles submarket.
PROPERTY FACTS
| Price | $1,800,000 | Building Class | C |
| Price Per Unit | $300,000 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,880 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low-Rise | Parking Ratio | 1.64/1,000 SF |
| Zoning | R2-1-CPIO - Two-Family Residence | ||
| Price | $1,800,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,880 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | R2-1-CPIO - Two-Family Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
SITE AMENITIES
- Fenced Lot
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 5073-017-002 | Improvements Assessment | $432,972 |
| Land Assessment | $887,593 | Total Assessment | $1,320,565 |
PROPERTY TAXES
Parcel Number
5073-017-002
Land Assessment
$887,593
Improvements Assessment
$432,972
Total Assessment
$1,320,565
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1608-1610 S Wilton Pl
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