NOT LISTED FOR SALE

1040 S Wilton Place Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,845,000 - $2,218,000

6 Beds
4.5 Baths
3,712 Sq Ft
$556/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,425,000 $384 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,724/month

104 Days on Market

Highlights

  • View of Trees or Woods
  • French Architecture
  • Granite Countertops
  • Living Room with Fireplace
  • Wood Flooring
  • 1-minute walk to Wilton Place Park

About This Home

As of September 2019

This home is a must-see inside and out! It is conveniently located in Korea town in close proximity to Hancock Park. It has 6 large bedrooms and 4 +1/4 bathrooms with good interior structural design. The beautiful backyard has a romantic wooden patio. The kitchen is newly upgraded with a modern design. Additionally, this home as central AC. Don't miss a great opportunity to own this beautiful home!

Last Agent to Sell the Property

Iris Lee

New Star Realty License #01389015 Listed on: 04/18/2019

New Star Realty

Co-Listed By

Jenny Nam

New Star Realty License #01008039

Last Buyer's Agent

Chongsu Yi

License #01306412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,865

Year Built

  • Built in 1915

Lot Details

  • 9,295 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • French Architecture

Interior Spaces

  • 3,712 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Utility Room
  • Home Gym
  • Views of Woods

Kitchen

  • Oven or Range
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Open Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5081-026-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,865

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 3712
  • Stories: 2
  • Year Built: 1915
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Tile, Wood
  • Bedrooms: 6
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 390.63

Exterior Features

  • Other Features: Balcony, Rain Gutters
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Trees/Woods, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5081-026-031
  • Geocode Override: No
  • Lot Size Area: 9295

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Yi Chongsu
Bought by
Yi Family Trust
Current Estimated Value
$2,062,737

Purchase Details

Listed on
Apr 18, 2019
Closed on
Sep 24, 2019
Sold by
Yi Yo Soon
Bought by
Yi Chongsu
Seller's Agent
Iris Lee
New Star Realty
Buyer's Agent
Chongsu Yi
List Price
$1,550,000
Sold Price
$1,425,000
Premium/Discount to List
-$125,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$400,000
Interest Rate
3.5%

Purchase Details

Closed on
Jul 30, 2019
Sold by
Park Hea Ja
Bought by
Yi Chongsu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.5%

Purchase Details

Closed on
Feb 14, 2007
Sold by
Park Hea Ja
Bought by
Park Hea Ja and Hea Ja Park Revocable Living Trust

Purchase Details

Closed on
Aug 9, 2000
Sold by
Chevasson Eric
Bought by
Park Hea Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.85%

Purchase Details

Closed on
Jul 24, 1995
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Chevasson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6%

Purchase Details

Closed on
Jan 6, 1995
Sold by
Lewis John Lawrence
Bought by
Bank Of America National Tr & Svgs Assn and Security Pacific National Bank

Purchase Details

Closed on
Oct 11, 1994
Sold by
Munoz Joe
Bought by
Active Home Loans Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yi Family Trust -- None Listed On Document
Yi Chongsu -- Stewart Title Of Ca Inc
Yi Chongsu $1,425,000 Stewart Title Of Ca Inc
Park Hea Ja -- None Available
Park Hea Ja $560,000 Equity Title Company
Chevasson Eric $210,000 Old Republic Title Company
Bank Of America National Tr & Svgs Assn $202,824 North American Title
Active Home Loans Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Family Trust $71,185
Previous Owner Yi Chongsu $996,000
Previous Owner Yi Chong Su $400,000
Previous Owner Yi Chongsu $997,500
Previous Owner Park Hea Ja $200,000
Previous Owner Park Hea Ja $150,900
Previous Owner Park Hea Ja $200,000
Previous Owner Park Hea Ja $432,000
Previous Owner Park Hea Ja $420,000
Previous Owner Chevasson Eric $307,500
Previous Owner Chevasson Eric $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $1,425,000 -1.7% $384 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $1,450,000 -6.5% $391 / Sq Ft
04/18/2019 04/18/19 For Sale $1,550,000 -- $418 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,865 $1,558,441 $1,246,754 $311,687
2024 $18,865 $1,527,884 $1,222,308 $305,576
2023 $18,505 $1,497,927 $1,198,342 $299,585
2022 $17,652 $1,468,557 $1,174,846 $293,711
2021 $17,425 $1,439,762 $1,151,810 $287,952
2019 $9,301 $756,441 $520,056 $236,385
2018 $9,174 $741,609 $509,859 $231,750
2016 $8,744 $712,812 $490,061 $222,751
2015 $8,618 $702,106 $482,700 $219,406
2014 $8,651 $688,354 $473,245 $215,109
Source: Public Records

Agents Affiliated with this Home

  • Iris Lee

    Seller's Agent in 2019

    Iris Lee

    New Star Realty

    (213) 234-8949

    2 Total Sales

    Iris Lee
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jenny Nam

    New Star Realty

    (213) 385-4989

    5 in this area

    380 Total Sales

    Jenny Nam
    Section Image

  • C

    Buyer's Agent in 2019

    Chongsu Yi

See All Agents

Map

Source: The MLS

MLS Number: 19-456904

The MLS

APN: 5081-026-031

California Los Angeles County Los Angeles 90019 Arlington Heights

1040 S Wilton Place, Los Angeles, CA

This home is located at 1040 S Wilton Place, Los Angeles, CA 90019 since 18 April 2019 and is currently estimated at $2,062,737, approximately $555 per square foot. This property was built in 1915. 1040 S Wilton Place is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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