$2,999,999
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550 Wilton Place Los Angeles, CA 90020
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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 almo...st 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!
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MLS#
24463865
Property Type
Land
Lot Size
0.17
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