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For Sale

433 S Wilton Pl

433 S Wilton Pl, Los Angeles, CA 90020

$1,625,000
We are excited to present a rare opportunity to acquire a prime 6,632 SF lot in the prestigious Hancock Park neighborhood. Zoned LAR3 with a Tier 3 TOC (70% density bonus), this site allows for the development of 8 units by-right or up to 13 units with the use of TOC incentives. Currently, the lot is home to a 6-bedroom, 4-bathroom single-family residence, which can be delivered either vacant or tenant-occupied. The property is currently rented by the bedroom to young professionals, generating a gross income of approximately $8,000 per month. The entire home has been extensively updated, featuring a fully rewired electrical system with a new 200-amp panel, brand-new plumbing, new roof, dual-pane windows, waterproof hardwood flooring, and beautifully remodeled bedrooms & bathrooms. Financials are based on proforma market rents of $10,000/month.

6
beds

4
baths

2,816 Sq.Ft. LIVING AREA

6,634 Sq.Ft. lot

Davis Saadian

Davis Saadian

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4
  • Laundry room In Unit, Inside
  • Flooring Hardwood, Tile
  • APPLIANCES Range/Oven, Recirculated Exhaust Fan, Refrigerator, Trash Compactor, Vented Exhaust Fan, Washer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Other, Dryer, Dishwasher, Ceiling Fan, Alarm System

Area & Lot

  • Status For Sale
  • Living Area2,816 Sq.Ft.
  • Lot Area6,634 Sq.Ft.
  • MLS® ID25507107
  • TypeMulti-Family
  • YEAR BUILT1919

Exterior

  • STORIES2
  • parkingPrivate, Garage Is Detached, Gated, Driveway Gate
  • HEAT TYPECentral
  • AIR CONDITIONINGAir Conditioning

Financial

  • Sales Price$1,625,000
  • Zoning LAR3
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 433 S Wilton Pl, Los Angeles, CA 90020. We are reviewing your request and will be in touch shortly!

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