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1852 N Wilton Pl
Los Angeles, CA 90028
The Wilton · Multifamily Property For Sale
·
10 Units


Investment Highlights
- Well-Maintained! | Most Major Systems Updated
- All 1 Bedroom + 1 Bath Units
- Close Proximity to Los Feliz
- Going-In Cap Rate North of 6%
Executive Summary
The Mogharebi Group is proud to present for sale The Wilton, a well-maintained 10-unit apartment building located at 1852 N. Wilton Place, just south of Franklin Avenue in Hollywood – in close proximity to Los Feliz. Built in 1957, the property encompasses +/- 6,180 square feet of improvements situated on a 7,826-square-foot lot. The property features an attractive unit mix of ten one-bedroom/one-bathroom apartments, each averaging approximately 610 square feet.
Ownership has invested substantially in the property through numerous capital improvements, including new fiberglass exterior hallway decks and railings (2011), upgraded exterior lighting (2011), seismic retrofit (2017), a complete copper re-pipe of both the horizontal and vertical plumbing systems (2019), and a new roof (2023). In addition, three units have been extensively renovated with new kitchens, bathrooms, and flooring, while flooring has been upgraded in four additional units. The property also successfully passed its SB 326 balcony inspection in August 2023, demonstrating the exceptional care and pride of ownership that has gone into maintaining this asset.
The Wilton presents investors with a rare opportunity to acquire a stabilized, pride-of-ownership asset in one of Los Angeles’ most desirable rental markets. Unlike many vintage Hollywood apartment buildings that require significant deferred maintenance, The Wilton has already undergone extensive capital improvements, allowing a new owner to focus on enhancing operations and increasing rental income rather than undertaking costly infrastructure projects.
Ownership has invested substantially in the property through numerous capital improvements, including new fiberglass exterior hallway decks and railings (2011), upgraded exterior lighting (2011), seismic retrofit (2017), a complete copper re-pipe of both the horizontal and vertical plumbing systems (2019), and a new roof (2023). In addition, three units have been extensively renovated with new kitchens, bathrooms, and flooring, while flooring has been upgraded in four additional units. The property also successfully passed its SB 326 balcony inspection in August 2023, demonstrating the exceptional care and pride of ownership that has gone into maintaining this asset.
The Wilton presents investors with a rare opportunity to acquire a stabilized, pride-of-ownership asset in one of Los Angeles’ most desirable rental markets. Unlike many vintage Hollywood apartment buildings that require significant deferred maintenance, The Wilton has already undergone extensive capital improvements, allowing a new owner to focus on enhancing operations and increasing rental income rather than undertaking costly infrastructure projects.
Property Facts
| Price Per Unit | $282,683 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.24% | Building Size | 8,592 SF |
| Gross Rent Multiplier | 10.07 | Average Occupancy | 95% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1957/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.39/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Multiple Family Residential | ||
| Price Per Unit | $282,683 CAD |
| Sale Type | Investment |
| Cap Rate | 6.24% |
| Gross Rent Multiplier | 10.07 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,592 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1957/2025 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | LARD1.5 - Multiple Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 610 |
Property Taxes
| Parcel Number | 5544-002-045 | Improvements Assessment | $716,152 CAD |
| Land Assessment | $306,709 CAD | Total Assessment | $1,022,862 CAD |
Property Taxes
Parcel Number
5544-002-045
Land Assessment
$306,709 CAD
Improvements Assessment
$716,152 CAD
Total Assessment
$1,022,862 CAD
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