523 S Wilton Place

Property Overview

MOTIVATED SELLER - BRING ALL OFFERS! 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.

Home Details

Property type: Residential Income
Year built: 1913
Living area: 3,504 sq ft
Lot size: 8,536 sq ft
Parking: 6 spaces
Stories: 2
Days on market: 81
MLS status: Active
Zoning: LAR3

Features & Amenities

Appliances

Dishwasher
Disposal
Microwave
Refrigerator
Dryer
Washer

Parking

Carport
Detached Carport

Community, Schools & Utilities

Utilities

Heating: Central
Cooling: CentralAir

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Location & Neighborhood

Los Angeles, CA 90020

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Frequently Asked Questions About 523 S Wilton Place

Property type: Residential Income

The current asking price is $1,390,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 523 S Wilton Place. Our team will confirm availability and timing.

This 7 bedrooms and 7 bathrooms property offers approximately 3,504 square feet of living space. It was built in 1913. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 81 days. Status can change, so verify availability before relying on it.