550 S Wilton Place, Los Angeles, CA 90020
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Listed Price :
$2,999,999
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Beds :
N/A
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Baths :
-
Property Size :
N/A 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!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
550 S Wilton Place |
| City |
Los Angeles |
| State |
CA |
| Zip |
90020 |
| County |
Los Angeles |
| Listing Agent |
Jesse Sanchez DRE #01908739 |
| Courtesy Of |
Compass |
| List Price |
$2,999,999 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
7,247 |
Listing information courtesy of: Jesse Sanchez, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:18 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
