433 South Wilton Place
$1,645,000
6
4
2,816
2,816
$584
Description
We are pleased to present the opportunity to acquire this rare 6,632 SF development opportunity located in the prestigious Hancock Park neighborhood. The site offers a zoning ordinance of LAR3, with a Tier 3 TOC (70% density bonus). There is a 6-bedroom + 4-bathroom single-family residence currently on the lot, which may be delivered vacant, or tenant occupied. The property is currently being rented out by the individual bedroom to young professionals, as a co-living investment. The current total...We are pleased to present the opportunity to acquire this rare 6,632 SF development opportunity located in the prestigious Hancock Park neighborhood. The site offers a zoning ordinance of LAR3, with a Tier 3 TOC (70% density bonus). There is a 6-bedroom + 4-bathroom single-family residence currently on the lot, which may be delivered vacant, or tenant occupied. The property is currently being rented out by the individual bedroom to young professionals, as a co-living investment. The current total income is approximately $8,000/month.
- Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01854200 • KW Advisors
Property Details for 433 South Wilton Place
Zoning
LAR3
Parcel Number5504020004
Total Units1.0
Living Area2816
Source Living AreaVendor Enhanced
AreaHancock Park-Wilshire
Vacancy Rate100%
Lot Size Area6634
LISTING UPDATED: 12/13/2024 12:01 AM
Property Details for 433 South Wilton Place
Status | Active |
---|---|
MLS # | 24-469469 |
Days on Market | 16 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1919 |
Lot Size | 0.15 AC / 6,634 SF |
County | Los Angeles County |
Building Information for 433 South Wilton Place
Stories2Residences-Year Built1919Building Size-Lot Size0.15 AC / 6,634 SF
Property Information for 433 South Wilton Place
Property History for 433 South Wilton Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 433 South Wilton Place
Taxable ValueLand$1,273,449Additions$265,302Total$1,538,751
Tax Record2024$18,900 ($1,575 / month)
Home Facts
Beds3Total Finished SqFt2,816 SqFtAbove Grade Finished SqFt2,816 SqFtStories2Lot Size6,632 SqFtStyleSingle Family ResidenceYear Built1919ZoningLAR3CountyLOS ANGELESAPN5504-020-004
Schools near 433 South Wilton Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Third Street Elementary School PublicK to 5 | ||
Magnolia Science Academy 6 School Charter6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Vista Horizon Global Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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