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544 S Wilton Place

Los Angeles (City), CA 90020
  • $2,999,999
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 24463887
UPDATED: 39 min ago
$2,999,999
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Jesse Sanchez of Compass (310-230-5478)


Description

Seize this incredible opportunity to develop in the dynamic part of town - right between Hancock Park and Koreatown! This large vacant lot consists of two separate APN's with a combined area of 13,314 square feet. The R3-2 zoning offers a blank slate for your visionary project. The building is almost RTI for 29 units with a total of 40,000 sq. ft. And 53 parking spaces. Renderings of proposed building found in pictures. Alternatively, a feasibility report has been done for affordable housing comfortably fitting 144 units. Whether you envision building 29-unit luxury condo residences or building affordable housing, the potential is immense! Sold together with 550 S Wilton Pl, this prime location is your chance to create something extraordinary in one of LA's most vibrant neighborhoods. Don't let this opportunity pass you by!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-07T00:27:03.73. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or DeBonis Homes | Coldwell Banker. Licensed in the State of California, USA.
www.debonishomes.com/homes/157878033
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544 S Wilton Place Los Angeles (City), CA 90020

  • Price: $2,999,999
  • Status: Active
  • On Site: 22 Days
  • Updated: 39 min ago
  • ID#: 24463887
0
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
Seize this incredible opportunity to develop in the dynamic part of town - right between Hancock Park and Koreatown! This large vacant lot consists of two separate APN's with a combined area of 13,314 square feet. The R3-2 zoning offers a blank slate for your visionary project. The building is almost RTI for 29 units with a total of 40,000 sq. ft. And 53 parking spaces. Renderings of proposed building found in pictures. Alternatively, a feasibility report has been done for affordable housing comfortably fitting 144 units. Whether you envision building 29-unit luxury condo residences or building affordable housing, the potential is immense! Sold together with 550 S Wilton Pl, this prime location is your chance to create something extraordinary in one of LA's most vibrant neighborhoods. Don't let this opportunity pass you by!
Exterior Features

Parking Total 0 View City LightsHillsLandmark View YN Yes

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-07T00:27:03.73. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or DeBonis Homes | Coldwell Banker. Licensed in the State of California, USA.
 
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DeBonis Homes | Coldwell Banker
6809 Brockton Ave.
Riverside CA, 92506
Listing Agent(s): Jesse Sanchez of Compass (310-230-5478)