523 S Wilton PL, Los Angeles, CA 90020
523 S Wilton PL, Los Angeles, CA 90020
523 S Wilton PL, Los Angeles, CA 90020
523 S Wilton PL, Los Angeles, CA 90020
523 S Wilton PL, Los Angeles, CA 90020
523 S Wilton PL, Los Angeles, CA 90020
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Billy Larsen

Billy Larsen

+1(949) 533-6648
$ 1,390,000
Est. payment | /mo

7 Beds

7 Baths

3,504 SqFt

Save
$ 1,390,000
Est. payment | /mo
Save

7 Beds

7 Baths

3,504 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,504 sqft

Price per Sqft $396

MLS Listing ID 26845875

Bedrooms 7

HOA Y/N No

Year Built 1913

Lot Size 8,537 Sqft

Property Description

Welcome to 523 South Wilton Place, a two story triplex located in the desirable Hancock Park neighborhood. Situated on a large 8,550 square foot lot, this property offers over 3,500 square feet of living space across two separate buildings, creating a great opportunity for investors, developers or owner users. The front building features a spacious 3bedroom, 2bathroom unit while the rear building includes two renovated units: a 1bedroom, 1bathroom unit and a studio. The property can be delivered fully vacant, giving buyers the flexibility to move in, lease the units, renovate, or redevelop. Zoned LAR3, the property offers strong development potential. Buyers may have the opportunity to add ADUs for additional rental income or redevelop the site with the potential to build up to 14 units (buyer to verify). Conveniently located near Koreatown, Larchmont Village, shopping, dining and major employment centers, this property offers multiple ways to add value and benefit from long term growth in one of Los Angeles' most sought-after neighborhoods.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Parking Features Carport, Detached Carport

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5504019022

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by H. Jason Yang GAIA #02044611

NEARBY SCHOOLS & PROPERTIES

Billy Larsen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 533-6648

billy@billylarsen.com

1 Music Cir. Ste 400, Nashville, TN, 37203, USA

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523 S Wilton PL