433 S Wilton Pl, Los Angeles CA 90020

$1,625,000

433 S Wilton Pl, Los Angeles, CA 90020

bedrooms

bathrooms

square feet

2,816

Acreage

0.1523

Open Houses

year built

1919

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	-
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 25507107

Listing agent: Davis Saadian

Listing broker: Keller Williams Santa Monica (310) 482-2200

Last update: Thursday, March 6 2025 at 5:43 p.m. EST

Kotohomes National