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Real Estate Listing at 839 S Wilton Place, Los Angeles, CA, 90005 from The Knight Group LA

839 S Wilton Place, Los Angeles, CA, 90005

The Knight Group LA
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$5,300,000
1 Day On Site

839 S Wilton Place
Los Angeles, CA 90005

For Sale|Residential Income|Active
15
Beds
0
Full Baths
0
Partial Baths
27,118
SqFt
$195
/SqFt
1928
Built
County:
Los Angeles
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
839 S Wilton Place839 S Wilton Place839 S Wilton Place839 S Wilton Place
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Monthly Payment (Est.)

$24,181
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We are pleased to present an exceptional 40-unit investment opportunity at 839 S Wilton Pl in the heart of Koreatown. Situated just south of W 8th St, this well-maintained property offers a compelling mix of 25 singles and 15 one-bedrooms, providing a stable income stream with additional upside potential. Offered at $195 per square foot with a 6.32% cap rate and 8.29 GRM on current income, this property presents an attractive investment profile. There is further value-add potential with the opportunity to develop one or two Accessory Dwelling Units (ADUs) in the basement (buyer to verify).The building is separately metered for electricity and features an on-site community laundry room leased with Wash, equipped with four washers and five dryers. Security cameras throughout the property enhance tenant security and operational efficiency. Located on the west side of Koreatown, the property benefits from proximity to Wilshire Park and is a short drive to Larchmont Village and Hancock Park. It boasts a high walk score of 87 and is within a half mile of the Metro D Line rail station and multiple Metro local lines along S Western Ave. The property is also walking distance to major retail destinations, including Koreatown Plaza, Western Plaza, and Koreatown Galleria. Koreatown is one of Los Angeles' most vibrant and densely populated neighborhoods, home to approximately 120,000 residents. Since the early 2000s, an estimated $1 billion has been invested in Koreatown's development, reinforcing its status as one of the city's most sought-after submarkets. This offering represents a rare opportunity to acquire a well-positioned asset with stable income and significant value-add potential in one of Los Angeles' most dynamic neighborhoods.

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Listing Snapshot
Price 
$5,300,000
Days On Site 
1 Day
Bedrooms 
15
Inside Area (SqFt) 
27,118 sqft
Total Baths 
40
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2066 Acres
Year Built 
1928
MLS® Number 
25517403
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.2066
Number Of Stories 
4
Parking 
None
Special Circumstances 
Standard
SqFt Total 
27118
Stories 
Three Or More
Zoning 
LAR3
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Community Features
MLS Area 
C18 - Hancock Park-Wilshire
Listing courtesy of Neema Ahadian of Marcus & Millichap
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Based on information from the The MLS as of 2025-04-03 11:52 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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