Active

544 S Wilton Pl

Los Angeles CA, 90020

$2,999,999


$496.69 per sqft

Active

0.14 Acres

Land

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!

24-463887

MLS ID

November 14, 2024

Listed

November 15, 2024

Updated

Map

544 S Wilton Pl
Los Angeles CA, 90020

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

Hancock Park-Wilshire


Garage

No


View

Yes


View Description

City, Landmark, Hills


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Jesse Sanchez with Compass
Listing Contact: 818-741-7513 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Susan Smith shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/15/2024

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