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Welcome to 523 S Wilton Place, a classic 2-story Craftsman TRIPLEX home located in the ever desirable Hancock Park neighborhood. This spacious 5 bedroom, 4 bathroom residence spans over 3,500 sq ft with bonus spaces on an oversized 8,550 sq ft lot with 2 SEPARATED BUILDINGS, offering a rare opportunity with LAR3 ZONING for potential development or expansion! Classic architectural details, original woodwork, and generous proportions give the home a warm, timeless feel. Whether you're looking to restore its historic beauty or reimagine it as a modern multi-unit investment, the possibilities are endless! Currently the home is entirely an income property, with the front home strategically set up as a co-living space to maximize rents! The separated home in the back consist of 2 units--one 1-bed 1-bath and one studio 1-bath which are both tenant occupied at market rents. Delivered fully occupied, vacant, or partially vacant upon request, this is a rare chance to own a piece of LA history with room to grow. Perfect for investors, or potential homeowners with the option to become a landlord, this home has endless potential and possibilities. Come see it today!
Property Type(s):
Residential Income
| Last Updated | 5/4/2025 | Year Built | 1913 |
|---|---|---|---|
| Community | Hancock Park-Wilshire | County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
|---|---|
| AREA | Hancock Park-Wilshire |
| GARAGE | Assigned, One Space |
| HEAT | Forced Air |
| LOT | 8536 sq ft |
| PARKING | Assigned,One Space |
| STORIES | 2 |
| ZONING | LAR3 |
Location
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Listed with Dream Realty & Investments Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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