THE WILTON - 9 Units

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Iconic Investments is pleased to present for sale, The Wilton, in LA's flourishing Hancock Park/Koreatown submarket. Located at 621 S WiltonPlace, this prominent mid-century design was built in 1956 and has been in the hands of the same owner for 25 years. The unit mix at the 8,618 square-foot-property (on a 7,559 square-foot lot) is five 1 Bedroom/1 Bath, three 2 Bedroom/2 Bath, and one 3 Bedroom/1.5 Bath units. Two 2 Bedroom units will be delivered vacant at the close of escrow.

With virtually no updates or renovations done to the building, The Wiltonrepresents a blank slate for a renovation-minded investor. The purchaser has the ability to remodel and update the units to attract higher-paying tenants who are moving to Hancock Park - Koreatown for its hip vibe, cultural diversity, and walkability.

The Wilton is located north of Wilshire Blvd, within close proximity to Larchmont Village and the Wilshire/Western Metro Station.