Active
544 S Wilton Place
Los Angeles CA, 90020
$2,999,999
$496.69 per sqft
Active
0.14 Acres
Land
Listed by Jesse Sanchez with Compass 818-741-7513
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!
24463887
MLSⓇ ID
November 14, 2024
Listed
December 5, 2024
Updated
Map
544 S Wilton Place
Los Angeles CA, 90020
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
C18 - Hancock Park-Wilshire
Days on Market
20
Garage
No
Parking Total
0
View
Yes
View Description
City Lights, Hills, Landmark
County
Los Angeles
Pool
No
Zoning
LAR3
Listing Contact: 310-230-5478
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 10:49 AM UTC