Welcome to 523 S Wilton Place, a classic 2-story Craftsman TRIPLEX home located in the ever desirable Hancock Park neighborhood. This spacious 5 bedroom, 4 bathroom residence spans over 3,500 sq ft with bonus spaces on an oversized 8,550 sq ft lot with 2 SEPARATED BUILDINGS, offering a rare opportunity… Read More with LAR3 ZONING for potential development or expansion! Classic architectural details, original woodwork, and generous proportions give the home a warm, timeless feel. Whether you're looking to restore its historic beauty or reimagine it as a modern multi-unit investment, the possibilities are endless! Currently the home is entirely an income property, with the front home strategically set up as a co-living space to maximize rents! The separated home in the back consist of 2 units--one 1-bed 1-bath and one studio 1-bath which are both tenant occupied at market rents. Delivered fully occupied, vacant, or partially vacant upon request, this is a rare chance to own a piece of LA history with room to grow. Perfect for investors, or potential homeowners with the option to become a landlord, this home has endless potential and possibilities. Come see it today! Read Less
Courtesy of Dream Realty & Investments Inc 213-380-8949
Listing Snapshot
Days Online
34
Last Updated
Property Type
Other
Beds
5
Square Ft.
3,504
Lot Size
0.2 Acres
Year Built
1913
MLS Number
25533963
30 Days Snapshot Of 90020
$2.48M
-52%
(avg) sold price
4
+100%
homes sold
87
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
Building
3,504 sq ft, Built in 1913, Levels: Two, Attached
Cooling
Air Conditioning
Disclosures
As Is
Garage
Parking Space, Assigned
Heating
Forced Air
Laundry
Laundry Area
Lot
LotAcreage: 0.196, LotSizeArea: 8,536
Parking
TotalParking: 8
Property
NumberOfUnits: 3, Zoning: LAR3
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