550 S Wilton Place

Los Angeles, CA 90020

  • 0 Sqft
  • 7247
    Sqft(Lot)
$2,999,999

Description

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!

  • Property Type

    Land
  • County

    Los Angeles
  • Style

    Land
  • AD ID

    47650383

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Property Details

  • Bathroom Information

    • Total Baths: 0
    • Full Baths: 0
    • Half Baths: 0
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1664
    • Lot Size Dimensions: 60x120
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7247
  • Listing Price Information

    • Original List Price: 2,999,999
    • Listing Contract Date: 2024-11-14

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 5504026012
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C18 - Hancock Park-Wilshire
    • Postal Code Plus 4: 4911
    • Directions: North of Wilshire between Western Ave and Rossmore Ave
    • Zoning: LAR3
    • Source Property Type: Land
    • Area: C18 - Hancock Park-Wilshire

    Building and Construction

    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/21/2024 @ 16:44

  • MLS: 24463865
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,247 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90020, this Los Angeles County Land are nearby neighborhoods.