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Active12 days on market

$1.50M

1023 Wilton Place, LOS ANGELES, CA 90019

Single Family Residence

7 Beds
7 Baths
2,660 Sqft

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.

Property Details

Bedrooms

7

Bathrooms

7

Living Area

2,660 sqft

Lot Size

7,955 sqft

Year Built

1917

View

Yes

Price History

Listed

Feb 4, 2026

$1.50M

Current List Price$1.50M

Location

Google
Map data ©2026 Google
Map data ©2026 Google

Location Scores

Computing location scores...

What's Nearby

Restaurants, parks, schools, and more within 3 km. Powered by Google Places.

Hotel Normandie LA

Hotel Normandie LA

4.2
(1,574)
$$$

605 Normandie Avenue, Los Angeles

Hae Ha Heng

Hae Ha Heng

4.5
(500)
$$$

301 South Western Avenue #209, Los Angeles

Guelaguetza Restaurant

Guelaguetza Restaurant

4.3
(6,402)
$$$

3014 West Olympic Boulevard, Los Angeles

El Cholo - The Original

El Cholo - The Original

4.3
(3,783)
$$$

1121 South Western Avenue, Los Angeles

Road to Seoul Korean BBQ (Western)

Road to Seoul Korean BBQ (Western)

4.4
(2,086)
$$$

1230 South Western Avenue, Los Angeles

Oxford Palace Hotel

Oxford Palace Hotel

3.7
(774)

745 South Oxford Avenue, Los Angeles

The Boiling Crab

The Boiling Crab

4.5
(3,559)
$$$

3377 Wilshire Boulevard UNIT 115, Los Angeles

M Grill Brazilian Churrascaria

M Grill Brazilian Churrascaria

4.5
(1,579)
$$$$

3832 Wilshire Boulevard suite 202 suite 202, Los Angeles

8 places within 3 km · Google Places

8
8
8
8
8

Listed by H. Jason Yang — GAIA (MLS# CLW-C145352)

MLS# 26647863

Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 2/22/2026. 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Rose DistrictRose District Real Estate — DRE# 02356332

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Mortgage Calculator

Estimate your monthly payment

Estimated Monthly Payment

$9,252.07

per month

$
%
$299,800
%
Principal & Interest$7,777.99
Property Tax$1,374.08
Insurance$100.00

Loan Amount

$1,199,200

Down Payment

$299,800

Total Interest

$1,600,876

Total Cost

$3,330,746

Rose District

Rose District

Real Estate Team

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1023 Wilton Place, LOS ANGELES, CA 90019

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