Listed by Ki Seon Im of Ivy Realty Co.
A rare opportunity to acquire a charming 8-unit apartment building showcasing classic Spanish-style architecture in the coveted Country Club Park neighborhood. Tucked among tranquil single-family homes and gated off Pico Boulevard, this impeccably maintained property offers both privacy and long-term investment appeal. Built in 1934 on a generous 10,494 sqft lot, the asset presents significant upside potential with rents currently below market value. The property consists of eight units, including seven 1-bed/1-bath units and one 2-bed/1-bath unit, generating a total monthly income of $13,557. Six out of seven garages provide additional rental income opportunities, further enhancing cash flow. Each unit is separately metered for gas and electricity, offering operational efficiency for ownership. Recent capital improvements have elevated the property's curb appeal and functionality, including newly landscaped gardens with lush turf, rose trees, and fresh greenery, as well as newly applied exterior paint. Upgraded garages, improved driveways, and a modern surveillance system add both value and convenience. One unit has been tastefully remodeled with new appliances. The property is located within the Country Club Park HPOZ (Historic Preservation Overlay Zone). Ideally located with easy access to the 10 Freeway, Mid-Wilshire, Koreatown, and Downtown LA, this fully leased asset delivers stable income with strong future potential. Two units will be delivered vacant at close of escrow (C.O.E.), presenting additional opportunity for repositioning or market rent adjustments. Please do not enter the property or disturb the occupants.

Listing Tools

Property Details of 1251 S Wilton Place

Property Details

Interior Features

Utilities and Appliances

Map Location

Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Luxury Malibu Property | Pinnacle Estate Properties Malibu. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.