543 S Wilton Place

    Los Angeles (City), CA 90020
    • $2,450,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 19479082
    UPDATED: 20 min ago
    $2,450,000
    • 5
      BEDS
    • 0.23
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,866
      SQFT
    • $634
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1917
    County:

    School Ratings & Info

    Description

    NEW PRICE! We are pleased to present for sale an R3 (TOC Tier 3), development opportunity located in the heart of KOREATOWN! This is a prime opportunity to build on an oversized lot less than half a mile from the Wilshire/Western Metro station, CGV Cinemas, and all the shopping and dining Koreatown has to offer! The proximity to local amenities and easy access to transportation makes this an ideal investment for developers and investors looking for top rents! Lot size is approximately 10,113 sqft, meaning a developer can build 12 units by right or up to 23 units utilizing the new TOC regulations. Home is currently being run as a pre-school by the owner. Many options to collect cash while going through the lengthy permitting process: AIRBNB, short-term rentals, or run your own pre-school! Don't miss this opportunity to build in one of the hottest areas of Los Angeles! No tenant relocation or rent control here! Buyer to verify all zoning and regulations with LADBS and the city of LA.

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Jay Group - Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2019-09-15T13:36:36.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.searchdesertrealestate.com/homes/96015663

    543 S Wilton Place Los Angeles (City), CA 90020

    • Price: $2,450,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 19479082
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,866
    SQFT
    $634
    $/SQFT
    1917
    Built
    Neighborhood:
    Hancock Park-Wilshir
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshir
    Property Description
    NEW PRICE! We are pleased to present for sale an R3 (TOC Tier 3), development opportunity located in the heart of KOREATOWN! This is a prime opportunity to build on an oversized lot less than half a mile from the Wilshire/Western Metro station, CGV Cinemas, and all the shopping and dining Koreatown has to offer! The proximity to local amenities and easy access to transportation makes this an ideal investment for developers and investors looking for top rents! Lot size is approximately 10,113 sqft, meaning a developer can build 12 units by right or up to 23 units utilizing the new TOC regulations. Home is currently being run as a pre-school by the owner. Many options to collect cash while going through the lengthy permitting process: AIRBNB, short-term rentals, or run your own pre-school! Don't miss this opportunity to build in one of the hottest areas of Los Angeles! No tenant relocation or rent control here! Buyer to verify all zoning and regulations with LADBS and the city of LA.
    Exterior Features

    Building Style Other Carport Or Covered Spaces 0 Parking Other Private Pool YN No Spa Hot Tub YN No Total Other Spaces 0 Total Parking Spaces 0 View Yes

    Interior Features

    Bathrooms 3.00 Cooling Type Other Fireplace Yes Fireplace Location Other Flooring Other Furnished Partially Furnished Heating Type Other Quarter Bathrooms 0 Rooms Other

    Property Features

    Annual Land Lease Amount 0.00 Disclosures Property As Is Green Certification Rating 0.00 Green Hta Index 0.00 Green Walk Score 0 Green Year Certified 0 Hoa Fee1 0.00 Hoa Fee2 0.00 Hoa YN No Lot Size Source (Other) Property Subtype Single Family Detach Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Senior Community No Square Footage Source Other Total Units In Complex 0

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Daniel Shamooelian of Brc Advisors- Bh.
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Jay Group - Bennion Deville Homes. Based on information from the California Desert Association of Realtors as of 2019-09-15T13:36:36.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    The John Jay Group - Bennion Deville Homes
    74996 Highway 111
    Indian Wells CA, 92210