$1,499,000

1023 S Wilton Place, Los Angeles, CA 90019

  • 7 beds |
  • 7 baths |
  • 2,660 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon7,954sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $564/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

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.

Listing Status:
Active
Date Added:
November 13, 2025 at 06:00AM
Listing Office:
GAIA : 310-779-8213
Listing Agent:
H. Jason Yang : 213-879-9519
MLS ID:
25615143
  • Appliances: DishwasherDisposalMicrowaveRefrigeratorDryerWasher
  • Flooring: CarpetWood
  • A/C: Central Air
  • Heating: Central
  • Fireplace: None
  • General: None
  • Style: See Remarks
  • Pool: None
  • Parking: CarportDetached CarportPrivateParking spaces: 7
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR15081024011
  • View: View
  • Source: CRMLS_CL

This listing courtesy of H. Jason Yang, GAIA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Wilton Place Elementary

745 S Wilton Pl, Los Angeles, CA, 90005

Grades KG-5

0.46 miles away

P

Pico Pico Middle School

1512 Arlington Ave, Los Angeles, CA, 90019

Grades 6-8

0.46 miles away

G

Girls Academic Leadership Academy Dr. Michelle King School STEM

1067 West Blvd, Los Angeles, CA, 90019

Grades 6-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby