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… Read More 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. Read Less
Property listed by GAIA, H. Jason Yang 310-779-8213
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
