Active
433 S Wilton Pl
Los Angeles CA, 90020
$1,625,000
$577.06 per sqft
Active
6 Beds
4 Baths
2,816 sqft
Multi-family
Built in 1919
We are excited to present a rare opportunity to acquire a prime 6,632 SF lot in the prestigious Hancock Park neighborhood. Zoned LAR3 with a Tier 3 TOC (70% density bonus), this site allows for the development of 8 units by-right or up to 13 units with the use of TOC incentives. Currently, the lot is home to a 6-bedroom, 4-bathroom single-family residence, which can be delivered either vacant or tenant-occupied. The property is currently rented by the bedroom to young professionals, generating a gross income of approximately $8,000 per month. The entire home has been extensively updated, featuring a fully rewired electrical system with a new 200-amp panel, brand-new plumbing, new roof, dual-pane windows, waterproof hardwood flooring, and beautifully remodeled bedrooms & bathrooms. Financials are based on proforma market rents of $10,000/month.
25507107
MLSⓇ ID
March 5, 2025
Listed
March 6, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
4
Appliances
Range/Oven, Recirculated Exhaust Fan, Refrigerator, Trash Compactor, Vented Exhaust Fan, Washer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Other, Dryer, Dishwasher, Ceiling Fan, Alarm System
Laundry Description
In Unit, Inside
Floor Description
Hardwood, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
Hancock Park-Wilshire
Garage
Yes
Parking
Private, Garage Is Detached, Gated, Driveway Gate
Parking Total
3
View
No
County
Los Angeles
Zoning
LAR3
Listed by Davis Saadian with KW Advisors
Listing Contact: 310-402-8958
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Giuseppe Talarico | CA DRE# 02155865 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/6/2025
