CA > Los Angeles
Los Angeles, CA 90020,550 S Wilton PL
Los Angeles, CA 90020,550 S Wilton PL
Los Angeles, CA 90020,550 S Wilton PL
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,999,999
Est. payment /mo
7,248 Sqft Lot
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UPDATED:

11/22/2024 01:10 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24463865

HOA Y/N No

Lot Size 7,248 Sqft

Property 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 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!

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights, Hills, Landmark

Building

New Construction No

Others

Senior Community No

Tax ID 5504026012

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jesse Sanchez • Compass

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