A prime opportunity for investors or owner users in the heart of Koreatown. This spacious 7 bedroom, 7 bathroom home on a 7,955 sqft lot offers excellent flexibility for both owner users and investors. Ideally located near major markets, trendy restaurants, and shopping destinations, the property sits in one of Los Angeles' most convenient and vibrant neighborhoods. The current owner operates the property as a boarding house, renting out private bedrooms and generating approximately $6000 per month, with the potential to earn over $8700 monthly when fully leased. Each bedroom includes its own bathroom, providing comfort and privacy for every occupant. The second floor has a separate entrance, a full kitchen, and four large bedrooms with en suite bathrooms, making it perfect for co-living or a separate rental setup. The detached garage has been converted into a studio with a private bathroom, creating an additional income opportunity. The home also offers ample parking, including a gated carport and driveway, along with a dedicated laundry area for tenants. Solar panels provide added efficiency and long term savings. Property will be delivered in its current condition and can be delivered vacant upon request.
How many bedrooms and bathrooms does this single-family home have?
There are 7 bedrooms and 7 bathrooms in this single-family home at 1023 S Wilton Place.
Does this single-family home have parking?
Yes, there are 7 parking spaces available for 1023 S Wilton Place.
How does 1023 S Wilton Place compare to other single-family homes in Olympic Park?
This single-family home is listed 12% below the average price for single-family homes in Olympic Park and has been on the market for 68 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,660 sqft.
1023 S Wilton Place is a 7-bedroom, 7-bath single-family home for sale in Los Angeles CA 90019. On Prevu for 28 days at $1,499,000. This home features 2,660 square feet of living space, located in Olympic Park. The median listing price for single-family homes in this area is $1,694,500. Property amenities include dishwasher, air conditioning, parking, and washer/dryer. Explore more single-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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