544 South Wilton Place
$2,999,999
6,040 / 0.14
Listed By Compass
Description
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...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!
Property Details for 544 South Wilton Place
Zoning
LAR3
Parcel Number5504026013
AreaHancock Park-Wilshire
Lot Size Area6040
Source Lot Size AreaVendor Enhanced
Assessor Parcel Number5504-026-013
DirectionsNorth of Wilshire between Western Ave and Rossmore Ave.
LISTING UPDATED: 11/14/2024 04:02 PM
Property Details for 544 South Wilton Place
Status | Active |
---|---|
MLS # | 24-463887 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.14 AC |
County | Los Angeles County |
Building Information for 544 South Wilton Place
Lot Size0.14 AC
Property Information for 544 South Wilton Place
Property History for 544 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 544 South Wilton Place
Taxable ValueLand$1,456,560Additions-Total$1,456,560
Tax Record2023$17,242 ($1,437 / month)
Home Facts
Total Finished SqFt3,190 SqFtAbove Grade Finished SqFt3,190 SqFtLot Size6,040 SqFtStyleTriplexYear Built1912ZoningLAR3CountyLOS ANGELESAPN5504-026-013
Schools near 544 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 |
---|---|---|
Wilshire Park Elementary School PublicK to 5 | ||
Magnolia Science Academy 6 School Charter6 to 8 | ||
Los Angeles 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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