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!
DAYS ON MARKET
|
3
|
LAST UPDATED
|
5/4/2025
|
YEAR BUILT
|
1913
|
COMMUNITY
|
Hancock Park-Wilshire
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
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 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Dream Realty & Investments Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/25 5:46 PM PDT and /or other sources. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts