440 S Wilton Pl. is a MOSTLY VACANT PROBATE SALE! The property is a well located 7,058 square foot eight unit apartment building. It is composed of four 1+1 units, two 2+1.5 units and two 3+1.5 units. Each unit averages over 875 sq. ft. and is separately metered for gas and electricity. The property is situated on a 7,625 square foot lot and is zoned LAR3. Seven of the eight units will be delivered VACANT and there is parking for all. No seismic retrofitting required and being sold "As-Is." The subject property is located in the up and coming Koreatown area of Los Angeles. Located South of 3rd St. on Wilton Pl. it provides easy access to all of the excellent restaurants, shopping and entertainment Koreatown, Hollywood and Downtown LA have to offer, making it highly sought after by the young professional tenant. Within close proximity to Montys Good Burger, Parks BBQ, California Marketplace and many other local eateries and bars. The subject property is also ideally located near the 101 freeway and is walking distance to the Wilshire/Western Metro Station. It is deemed a "Walkers Paradise" earning a walkability score of 90. This property presents a VERY UNIQUE opportunity for an investor looking to renovate and re-tenant a building to capture excellent CASH FLOW. Please do not disturb tenant.
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