Active
550 S Wilton Pl
Los Angeles CA, 90020
$2,999,999
$413.96 per sqft
Active
0.17 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 544 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!
24-463865
MLSⓇ ID
November 14, 2024
Listed
November 23, 2024
Updated
Map
550 S Wilton Pl
Los Angeles CA, 90020
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
Hancock Park-Wilshire
Days on Market
8
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 11/23/2024
