$1,390,000
523 Wilton Place
Los Angeles, CA 90020
7
Beds
7
Baths
3,504
Sq. Ft.
1913
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
Welcome to 523 South Wilton Place, a two story triplex located in the desirable Hancock Park neighborhood. Situated on a large 8,550 square foot lot, this property offers over 3,500 square feet of living space across two separate buildings, creating a great opportunity for investors, developers or owner users. The front building features a spacious 3bedroom, 2bathroom unit while the rear building includes two renovated units: a 1bedroom, 1bathroom unit and a studio. The property can be delivered fully vacant, giving buyers the flexibility to move in, lease the units, renovate, or redevelop. Zoned LAR3, the property offers strong development potential. Buyers may have the opportunity to add ADUs for additional rental income or redevelop the site with the potential to build up to 14 units (buyer to verify). Conveniently located near Koreatown, Larchmont Village, shopping, dining and major employment centers, this property offers multiple ways to add value and benefit from long term growth in one of Los Angeles' most sought-after neighborhoods.
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Mortgage Estimate
$7,398/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 9:00 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.