544 S Wilton Pl, Los Angeles CA 90020

$2,999,999

544 S Wilton Pl, Los Angeles, CA 90020

bedrooms

bathrooms

square feet

Acreage

0.1387

Open Houses

year built

Full Baths

Half Baths

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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!

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

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MLS number: 24-463887

Listing agent: Jesse Sanchez

Listing broker: Compass

Last update: Friday, January 31 2025 at 1:50 a.m. EST

Kotohomes National