Multi-Family for sale in Southern California — $1,390,000. 7 beds · 7 baths · 3,504 sqft. Welcome to 523 South Wilton Place, a two story triplex located in the desirable Hancock Park neighborhood. Situated on a large 8,550 square foot lot, this property offers over 3,500 square feet of living space across…
$1,390,000
523 S Wilton Place, Los Angeles, CA 90020
Welcome to 523 South Wilton Place, a two story triplex located in the desirable Hancock Park neighborhood. Situated on a large 8,550 square foot lot, this property offers over 3,500 square feet of living space across two separate buildings, creating a great opportunity for investors, developers or owner users. The front building features a spacious 3bedroom, 2bathroom unit while the rear building includes two renovated units: a 1bedroom, 1bathroom unit and a studio. The property can be delivered fully vacant, giving buyers the flexibility to move in, lease the units, renovate, or redevelop. Zoned LAR3, the property offers strong development potential. Buyers may have the opportunity to add ADUs for additional rental income or redevelop the site with the potential to build up to 14 units (buyer to verify). Conveniently located near Koreatown, Larchmont Village, shopping, dining and major employment centers, this property offers multiple ways to add value and benefit from long term growth in one of Los Angeles' most sought-after neighborhoods.
Listing updated: June 29, 2026 at 6:03 PM
Listed by: H. Jason Yang, GAIA
Source: CRMLS, MLS#: 26845875, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/10/2026 Source: CRMLS, #26845875 | Listed for sale | $1,390,000$397/sqft |
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