433 S Wilton Place, Los Angeles, CA 90020 - Berkshire Hathaway HomeServices California Properties

433 S Wilton Place, Los Angeles, CA 90020

$1,625,000 Approx. USD 6 beds, 4 baths
2,816 sqft

Listing Agent


Davis Saadian | davis@saadiangroup.com
Lic#: 01921748
Broker: Courtesy of KW Advisors

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25507107
Price: $1,625,000
Beds: 6
Baths: 4
Built in 1919
2,816 sqft
2 stories
0.15 acres
Lot size: 0.1523
County: Los Angeles
Zoning: LAR3
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Disposal,Refrigerator,Trash Compactor,Vented Exhaust Fan,Dryer,Washer
Parking description: Gated,Private
Heating description: Central
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 3/13/2025

 Days On Market (DOM): 17

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

Lat/Long: 34.066165, -118.314384.
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Source: CRM. Also Available in 25507057,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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