523 S Wilton Place, Los Angeles, CA 90020
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
523 S Wilton Place,Los Angeles, CA 90020
$1,550,000
- 7 Beds
- 7 Baths
- 3,504 sq. ft.
- Multi-family
- Active
Listed by: h. jason yang, a. jessica shin
Office: gaia
MLS#:25615325
Source:CRMLS
Price summary
- Price:$1,550,000
- Price per sq. ft.:$442.35
About this home
Welcome to 523 South Wilton Place, a classic two story triplex located in the desirable Hancock Park neighborhood. This property spans over 3,500 square feet on an oversized 8,550 square foot lot with two separate buildings, offering a rare opportunity for both investors and developers. Zoned LAR3, the property provides excellent potential for expansion or future development. The front structure features a 3 bedroom 2 residence, while the rear building includes 2 fully renovated units, a one bedroom one bathroom unit and a studio, both tenant occupied at market rents. Whether you choose to buy and hold for steady cash flow, add ADUs for additional income, or redevelop with the potential to build up to 14 units (buyer to verify), this property offers endless possibilities.Located in a central and highly walkable area of Los Angeles, the property offers convenient access to Koreatown, Larchmont Village, and major employment and retail centers. This is a rare opportunity to own a multi-unit property in one of the city's most in-demand neighborhoods with strong rental upside and long-term growth potential.
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Home facts
- Year built:1913
- Listing ID #:25615325
- Added:50 day(s) ago
- Updated:February 23, 2026 at 11:16 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:7
- Living area:3,504 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:1913
- Building area:3,504 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$442.35
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