CA > Los Angeles
Los Angeles, CA 90047,5911 S Wilton PL
Los Angeles, CA 90047,5911 S Wilton PL
Los Angeles, CA 90047,5911 S Wilton PL
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$1,095,000
Est. payment /mo
5,005 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25188989

HOA Y/N No

Year Built 1929

Lot Size 5,005 Sqft

Property Sub-Type Mixed Use

Property Description

Our team is pleased to present 5911 S Wilton Place – a high yield investment opportunity centrally located in South Los Angeles. The Spanish-Style building consists of (5) 1-bed/1-bath units all single story. Operating over a 6.25% CAP and at 10.6 GRM, this low maintenance asset generates over $100,000 in gross rental income with approximately 20% in upside rent potential. Located on a quiet residential street close to multibillion dollar developments in Inglewood and Downtown Los Angeles, this cash-cow is perfect for a first-time investor or seasoned operator looking to build long term wealth and hedge inflation in a gentrifying area.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR1

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Gutter(s), Sidewalks

Private Pool No

Building

Lot Description Lawn, Landscaped

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6001007019

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112
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