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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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523 S Wilton Place Los Angeles, CA 90020
$1,390,000 7 beds, 7 baths
3, 504 sqft
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Agent Remarks

Triplex located in the desirable Hancock Park neighborhood. Situated on a large 8,550 SF lot, this property offers over 3,500 SF of living space across two separate buildings. The front building features a 5 bedroom, 3 bathroom unit. The rear building includes two updated units: a renovated 1 bedroom, 1 bathroom unit on the ground floor and a studio on the second floor. The property can be delivered fully vacant, giving the new owner the flexibility to move in, lease all units, renovate or redevelop. Zoned LAR3, the property offers excellent 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 is a great opportunity for both investors and owner users looking for long term value in one of Los Angeles' most desirable neighborhoods.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26864129
List price is $1,390,000
Beds: 7
Baths: 7
Built in 1913
3,504 sqft
0.20 acres
Lot size: 0.1960
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Parking description: Carport,Detached Carport
Heating/cooling: Central Air
Heating description: Central
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 8/1/2026

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.064624, -118.314438.
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Listing Agent: H. Jason Yang
Co Listing Agent: A. Jessica Shin
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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