$1.39M
1023 Wilton Place, LOS ANGELES, CA 90019
Single Family Residence
Description
Centrally located property offering immediate rental income with the option for vacancy at closing. 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
Apr 7, 2026
$1.39M
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
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Listed by H. Jason Yang — GAIA (MLS# CLW-C145352)
MLS# 26680119
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 4/12/2026. 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 District — DRE# 02356332
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Estimated Monthly Payment
$8,586.58
per month
Loan Amount
$1,112,000
Down Payment
$278,000
Total Interest
$1,484,468
Total Cost
$3,091,168
Rose District
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$1.39M
1023 Wilton Place, LOS ANGELES, CA 90019