839 S Wilton Place
Los Angeles, CA, 90005
$5,300,000
Beds
0 Baths
SqFt
0.21 Acres
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MLS #25517403 image #0
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.

Property Details

Price:
$5,300,000
MLS #:
25517403
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
Listed Date:
Mar 1, 2025
Lot Size:
8,998 sqft / 0.21 acres (approx)
Year Built:
1928
C18hancockparkwilshire

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Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    839 S Wilton Place Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90005. It is listed for $5,300,000

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