550 S Wilton Place
Los Angeles, CA 90020
- – beds
- – baths
- – sqft
- 7,247 sqft lot
- – on site
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!
Last checked:
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Last updated Dec 9, 2024
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MLS# 24463865 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:North of Wilshire between Western Ave and Rossmore Ave
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Latitude:34.06380800
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Longitude:-118.31385600
The Property
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Property Type:Land
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Zoning:LAR3
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Lot Size Area:7247.0000
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Lot Size Dimensions:60x120
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Lot Size Acres:0.1664
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Lot Size SqFt:7247.00
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View:1
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View:City Lights, Landmark, Hills
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5504026012
The Community
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Association:No
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Senior Community:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/14/24
Nov 14, 2024
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Listed / Active | CRMLS_CA | $2,999,999 | 100.0% (27.5% / YR) |
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3/26/21
Mar 26, 2021
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CRMLS_CA | $1,500,000 | -5.7% | |
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3/25/21
Mar 25, 2021
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CRMLS_CA | $1,590,000 |
