1070 S Wilton Place, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 3 bath
1070 S Wilton Place
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 1070 S Wilton Place, Los Angeles, California 90019 reveals a Fairly Priced Property with a current list price of $2,300,000 aligned with the estimated $2,344,788 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, this property shows its age. While the hardwood floors appear well-maintained, the kitchen features dated white tile, older white appliances, and cabinets that are not modern. Light fixtures throughout, such as the dining room chandelier and living room ceiling fan, are also outdated. The property is functional and appears to have been maintained, but it requires significant cosmetic updates, particularly in the kitchen and likely bathrooms (not pictured), and potential system upgrades to meet current quality standards and buyer expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Dwelling Potential
The property features two permitted houses on one lot, offering significant flexibility for rental income, multi-generational living, or a dedicated home office/studio space.
- Prime Urban Location
Situated in the heart of Koreatown, the property boasts excellent access to diverse amenities, dining, entertainment, and is conveniently close to Mid Wilshire and Beverly Hills.
- Substantial Total Living Space
With a combined living space of 4,375 Sq. Ft. (3,190 Sq. Ft. for the main house and 1,185 Sq. Ft. for the second house), the property offers ample room for various lifestyle needs.
CONSRISKS & DEFICIENCIES
- Historic Property Age
Built in 1922, the property is over a century old, which may imply a need for significant updates to core systems (plumbing, electrical, HVAC) and general modernization to meet contemporary standards and preferences.
- Lack of Explicit Renovation Details
The property description does not highlight recent major renovations or upgrades, particularly for the main house, suggesting potential for substantial investment required for modernization.
- Significant Price Appreciation
The current list price of $2.3M represents a substantial increase from its 2021 sale price of $1.3M, which may require strong justification through recent upgrades or a detailed market analysis to potential buyers.
About 1070 S Wilton Place
In the heart of Koreatown where you have the opportunity to purchase two houses on a lot, both are permitted. The front house has 4 bedrooms, 2.5 baths, two story, and has 3,190 Sq. Ft. living space. The 2nd house (1068 S. Wilton Place) has one bedroom, one bath, hardwood flooring, and 1,185 Sq. Ft. living space. Perfect for renting or a mother-in-law's house. Close to everything, including Mid Wilshire and Beverly Hills.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 8,035 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Los Angeles Elementary School
Grades K-5 • 0.5 mi
Wilton Place Elementary School
Grades K-5 • 0.5 mi
Carson-Gore Academy Of Enviornmental Studies
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 3,190 | 1,781.5 | 91% |
| Lot Size | 8,035 | 6,048.5 | 88% |
| Price | $2.30M | $1.36M | 95% |
| Price per sq ft | $721 | $760 | 34% |
| Built year | 1922 | 1926 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 175 | 3% |
Pricing History
Listed for Sale
Feb 1, 2026
$2,300,000
Initial Listing
Sold
Jul 16, 2021
$1,300,000
Public Record
Sold
Apr 8, 1994
$210,000
Public Record