Los Angeles, CA 90020,433 S Wilton Pl
Los Angeles, CA 90020,433 S Wilton Pl
Los Angeles, CA 90020,433 S Wilton Pl
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$1,625,000
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6 BD
4 BA
2,816 SqFt
New

433 S Wilton Pl Los Angeles, CA 90020

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Roe Valenti S.0190519

UPDATED:

03/05/2025 10:13 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $577

MLS Listing ID 25507107

Bedrooms 6

Construction Status Updated/Remodeled

Year Built 1919

Lot Size 6,634 Sqft

Acres 0.1523

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Air Conditioning

Flooring Hardwood, Tile

Equipment 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

Laundry In Unit, Inside

Exterior

Parking Features Private, Garage Is Detached, Gated, Driveway Gate

Garage Spaces 3.0

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by KW Advisors

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agent

Roe Valenti S.0190519

REALTOR® | RE.S.0190519

+1(702) 460-5556

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433 S Wilton Pl