Updated Multifamily
939 S Wilton Pl, Los Angeles, CA 90019
For Sale
$2,600,000
Corner multifamily property with renovated interiors, updated building systems, and full occupancy.
Property Size5,359 SF
Price / SF$485.17
Days on Market96
Property Features for 939 S Wilton Pl
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Ivy Realty Co.
Listed By:
Ki Seon Im · License #01860439
(213) 505-6345
Source:
Benbelack
Added: Aug 6
Changed: Nov 9
Last Checked: Nov 8 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ivy Realty Co.
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Investment Insights
Based on property information with market context.
Built in 1925, this 5,359-square-foot multifamily property occupies a corner lot and is fully occupied. Improvements include remodeled kitchens and bathrooms, quartz countertops, laminate flooring, vinyl windows, A/C units, a replacement roof, and a security camera system. The property also successfully passed the June 2026 Housing Inspection.
The asset is located at 939 S Wilton Pl in Los Angeles, near Hancock Park, Koreatown, DTLA, restaurants, shopping, and public transportation. The site is designated R3-1 and falls within TOC Tier 2. Its updated interiors, documented capital improvements, and occupied status provide a practical operating profile for multifamily ownership.
The asset is located at 939 S Wilton Pl in Los Angeles, near Hancock Park, Koreatown, DTLA, restaurants, shopping, and public transportation. The site is designated R3-1 and falls within TOC Tier 2. Its updated interiors, documented capital improvements, and occupied status provide a practical operating profile for multifamily ownership.
Key Highlights
- 5,359 SF multifamily property built in 1925
- Corner property at 939 S Wilton Pl, Los Angeles, CA 90019
- Remodeled kitchens and bathrooms with quartz countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,231
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,620
$1.7M
Cap Rate 7%
$1,231,871
$1.2M
Cap Rate 9%
$958,122
$958.1K
Market Conditions
NOI Build-Up for 5,359 SF
Gross rent
$170.4K $31.80/SF
− Vacancy
−$13.6K −$2.54/SF
EGI
$156.8K $29.26/SF
− OpEx
−$70.6K −$13.17/SF
NOI
$86.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,620
Cap Rate 7%
$1,231,871
Cap Rate 9%
$958,122
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,231 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,621 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
6,198
Businesses Nearby
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Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Los Angeles, CA
Properties on Market for Multifamily properties in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Corner multifamily property with renovated interiors, updated building systems, and full occupancy.
Where is this multifamily property located?
The property is located at 939 S Wilton Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 5,359 SF multifamily property built in 1925; Corner property at 939 S Wilton Pl, Los Angeles, CA 90019; Remodeled kitchens and bathrooms with quartz countertops
