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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$1,390,000
Est. payment /mo
7 Beds
7 Baths
3,504 SqFt
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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 26864129

Bedrooms 7

HOA Y/N No

Year Built 1913

Lot Size 8,537 Sqft

Property Description

Triplex located in the desirable Hancock Park neighborhood. Situated on a large 8,550 SF lot, this property offers over 3,500 SF of living space across two separate buildings. The front building features a 5 bedroom, 3 bathroom unit. The rear building includes two updated units: a renovated 1 bedroom, 1 bathroom unit on the ground floor and a studio on the second floor. The property can be delivered fully vacant, giving the new owner the flexibility to move in, lease all units, renovate or redevelop. Zoned LAR3, the property offers excellent 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 is a great opportunity for both investors and owner users looking for long term value in one of Los Angeles' most desirable 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

Total Parking Spaces 6

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


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Listed by H. Jason Yang GAIA #02044611
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Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761 | chris@therealupside.com

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523 S Wilton PL