$ 1,550,000
-
$1,550,000
Price -
7
Bed -
7
Bath -
3,504
SqFt
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About the Listing X83098 - C145352
Welcome to 523 South Wilton Place, a classic two story triplex located in the desirable Hancock Park neighborhood. This property spans over 3,500 square feet on an oversized 8,550 square foot lot with two separate buildings, offering a rare opportunity for both investors and developers. Zoned LAR3, the property provides excellent potential for expansion or future development. The front structure features a 3 bedroom 2 residence, while the rear building includes 2 fully renovated units, a one bedroom one bathroom unit and a studio, both tenant occupied at market rents. Whether you choose to buy and hold for steady cash flow, add ADUs for additional income, or redevelop with the potential to build up to 14 units (buyer to verify), this property offers endless possibilities.Located in a central and highly walkable area of Los Angeles, the property offers convenient access to Koreatown, Larchmont Village, and major employment and retail centers. This is a rare opportunity to own a multi-unit property in one of the city's most in-demand neighborhoods with strong rental upside and long-term growth potential.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Multi-Family
MLS ®
25615325
Year Built
1913
Total Square Footage
3,504
Lot/Acreage
0.2
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances:
- Air Cond: Central
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
- Parking Features: Carport,Carport Detached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
523 S Wilton Pl Los Angeles, CA 90020
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