544 S Wilton Pl

Los Angeles CA 90020

6040 sq. ft.

Land

Currently for sale - view listing

Overview

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 550 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!

Features

6040 sq. ft. lot size

Land

Property history for 544 S Wilton Pl

2021

Sold

$1,400,000

26 Mar 2021 by Sung Young Kim, of WIN Realty & Properties

2019

Sold

$1,440,000

01 Apr 2019

Happy sellers in Los Angeles

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