This Multifamily Property is no longer advertised on LoopNet.com.

440 S Wilton Pl
Los Angeles, CA 90020
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Property in Receivership - The sale of the property is subject to a Court Confirmation and Overbid Hearing
  • Great Location in the heart of Koreatown on Wilton Pl. near 3rd St.
  • Deemed a "walker's paradise" with a score of 90 out of 100
  • Seven of the eight units will be delivered VACANT! Rents are projected!
  • Excellent unit mix of four 1+1's, two 2+1.5's and two 3+1.5's
  • Property in the Los Angeles REAP Program

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 7,058 SF
Average Occupancy 12%
No. Stories 2
Year Built 1956
Parking Ratio 1.13/1,000 SF
Zoning LAR3 - Zoned LAR3: 10 units can be built by right, 19 units can be built utilizing TOC density bonus. BUYER TO VERIFY.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $2,200 -
2+1.5 2 $1,475 -
3+1.5 2 $3,500 -

Property Taxes

Property Taxes

Parcel Number
5504-025-004
Land Assessment
$1,178,100
Improvements Assessment
$963,900
Total Assessment
$2,142,000
  • Listing ID: 28519084

  • Date on Market: 5/18/2023

  • Last Updated:

  • Address: 440 S Wilton Pl, Los Angeles, CA 90020

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