About 523 S Wilton Place
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.
Features of 523 S Wilton Place
| MLS® # | 26864129 |
|---|---|
| Price | $1,390,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Square Footage | 3,504 |
| Lot Size | 8,536 |
| Year Built | 1913 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 3 |
Community Information
| Address | 523 S Wilton Place |
|---|---|
| Area | C18 - Hancock Park-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90020 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Carport, Detached Carport |
| Garages | Carport, Detached Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | July 24th, 2026 |
|---|---|
| Days on Market | 15 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | H. Jason Yang |
|---|---|
| Office | GAIA |