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 11:35 PM

Key Details

Property 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

HOA Y/N No

Year Built 1919

Lot Size 6,634 Sqft

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 C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Central

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Trash Compactor, Vented Exhaust Fan, Dryer, Washer

Laundry Inside

Exterior

Parking Features Gated, Private

Attached Garage No

Total Parking Spaces 3

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5504020004

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Davis Saadian • 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