5911 S Wilton PL new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90047
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