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1408 S Wilton Pl
Los Angeles, CA 90019 Arlington Heights

$3,550,000 USD

Apartments For Sale  •  21,939 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,302 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1963
  • Zoning R4-2, City of L.A.
80 Transit Score
80 Walk Score

Highlights

Attractively low basis at $169k/Unit and $205/SF with approx 35% upside in rental income
Expansive 13,162 SF lot with potential ADU development opportunities in the rear parking area and/or tuck-under parking conversion (buyer to verify)
Secure, gated property with surveillance cameras, mature trees, and lush landscaping
23 on-site parking spaces, including 10 tuck-under and 13 surface spaces
Steps from the dining, entertainment, and nightlife offerings along Pico Boulevard and Western Avenue
This Property is being offered concurrently with 672 N Kenmore Ave, 4160 Rosewood Ave, and 815 Green Ave (99 units in total).

Amenities

  • Gated

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.4 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 11.6 mi
Bob Hope 27 min - 13.3 mi
Long Beach (Daugherty Field) 34 min - 24.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Darin Beebower 424-653-1854 Kidder Mathews
Darin Beebower 424-653-1854 Kidder Mathews