$1,625,000
433 Wilton Place, Los Angeles 90020
6
Beds
4
Baths
2,816
Square feet
6,634
Lot Size
1
# Of Units
Listing Agent
Davis Saadian - KW AdvisorsWe 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.
Facts & Features
| MLS® # | 25507107 |
|---|---|
| Price | $1,625,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 2,816 |
| Lot Size | 6,634 |
| Year Built | 1919 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 1 |
Community Information
| Address | 433 Wilton Place |
|---|---|
| Area | C18 - Hancock Park-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90020 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Gated, Private |
| Garages | Gated, Private |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Wood |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Appliances | Dishwasher, Disposal, Dryer, Refrigerator, Trash Compactor, Vented Exhaust Fan, Washer |
| Heating | Central |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | March 5th, 2025 |
|---|---|
| Days on Market | 20 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Davis Saadian |
|---|---|
| Office | KW Advisors |