913 S Wilton Place, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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913 S Wilton Place
Los Angeles, California 90019
ACTIVE
CONDITION: FAIR
0Beds
0Baths
6,428Sq Ft
9,003Lot Size
Property Price
LIST PRICE$1,990,000
EST. MARKET VALUE
$2,152,175
7% BelowMARKET VALUE
SUMMARY
This six-unit apartment complex represents a Strong Value Opportunity, listed at $1,990,000—positioned well below the $2,152,176 Fair Market Value by 7%. This valuation gap provides $162,176 in Instant Equity for the savvy buyer. With a Fair Condition Rating and the ability to deliver one unit vacant, the property offers immediate value-add potential through strategic renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a prime Koreatown location for long-term growth.
Estimated Market Value
$2,152,175+$162,175 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 913 S Wilton Place Subject 0 bd · 0 ba · 6,428 sqft · $335 | $1,990,000* List Price | 0 | 0 | 6,428 | $335 | - |
A 4315 W Pico Boulevard Active 0 bd · 0 ba · 4,938 sqft · $365 · 0.9 mi | $1,800,000 List Price | 0 | 0 | 4,938 | $365 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1940 (84 years old) and held by the same owner for 35 years, the property is described as 'immaculately maintained' but emphasizes 'value-add potential.' This indicates that while functional, the kitchens, bathrooms, and core systems are likely dated (>20 years) and require cosmetic or minor mechanical updates to achieve market-rate rents.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated at the intersection of Koreatown and Hancock Park, the property offers exceptional accessibility to major employment hubs including Downtown LA, Hollywood, and the Westside.
- Immediate Value-Add Potential
The ability to deliver one owner-occupied unit vacant provides a rare opportunity to immediately capture market-rate rent or perform strategic renovations to increase the overall valuation.
- Exceptional Maintenance History
Held by the same owners for 35 years and described as immaculately maintained, this asset likely carries less deferred maintenance risk than typical multi-family properties of this vintage.
CONSRISKS & DEFICIENCIES
- Rent Control Limitations
Built in 1940, the property is subject to the Los Angeles Rent Stabilization Ordinance (RSO), which restricts annual rent increases and can limit the speed of achieving market-rate returns.
- Aging Infrastructure
Despite being well-maintained, the 80-plus-year-old structure may require significant capital expenditures for long-term system upgrades such as plumbing, electrical, or seismic retrofitting.
About 913 S Wilton Place
The epitome of a perfect investment opportunity in the heart of Koreatown, 913 South Wilton has hit the market after 35 years. Immaculately maintained by its current owners, this six-unit apartment complex offers a strategic blend of convenience, accessibility and value-add potential to ensure long-term growth for valuation-savvy investors. This prime location provides excellent access to Hollywood, Koreatown, Hancock Park, downtown and the vibrant Westside. One current owner-occupied unit, available for immediate occupancy, could be delivered vacant, creating significant value-add potential. Don't miss this opportunity to acquire an outstanding investment opportunity with the perfect mix of location, value-add potential and long-term growth.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1940
- Lot Size
- 9,003 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | 6,428 | 4,165.789 |
| Lot Size | 9,003 | 6,696 |
| Price | $1.99M | $956.9K |
| Price per sq ft | $310 | $273 |
| Built year | 1940 | 1937 |
| HOA | $0 | $907 |
| Days on market | 26 | 134 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,990,000
Initial Listing