550 S Wilton Pl Los Angeles, CA 90020

Other Residential MLS #: 24-463865 Courtesy Of Compass

$2,999,999

0.17 acres
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Estimated monthly payments: $13,114/mo.* (recalculate)

Property InformationDescription

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 almost 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!

Features

  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.17 Acres
  • View Type: City, Hills

MAP & DIRECTIONS

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550 S Wilton Pl, Los Angeles, CA 90020
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School Information

550 S Wilton Pl, Los Angeles, CA 90020

Elementary School
Grades KG-5 | Public School
WILSHIRE PARK ELEMENTARY
Los Angeles, CA 90005
4063 Ingraham St
213.­739.4760
Distance: 0.2 mi
School Rating
A
Student:Teacher Ratio
22:1
Total Students
388
Middle School
Grades 6-8 | Public School
JOHN BURROUGHS MIDDLE SCHOOL
Los Angeles, CA 90005
600 S McCadden Pl
323.­549.5000
Distance: 1.3 mi
School Rating
B-
Student:Teacher Ratio
24:1
Total Students
1581
High School
Grades 9-12 | Public School
LOS ANGELES HIGH SCHOOL
Los Angeles, CA 90019
4650 W Olympic Blvd
323.­900.2700
Distance: 1.2 mi
School Rating
D+
Student:Teacher Ratio
20:1
Total Students
1117
Other Nearby Schools Distance Type Grades School Rating
St James Episcopal School 0.1 mi Private PK-6
Wilton Place Elementary 0.4 mi Public KG-5 C
St Brendan Catholic School 0.5 mi Private KG-8
Brawerman Elementary East Of Wilshire Blvd Temple 0.5 mi Private KG-6
Kim Elementary School 0.6 mi Public KG-5 B
Cahuenga Elementary School 0.7 mi Public KG-5 B-
Olive Tree Christian Academy 0.8 mi Private KG-6
University Of Silvaner 0.8 mi Private 9-12
Marlborough School 0.9 mi Private 7-12
Vista Horizon Global Academy 0.9 mi Public KG-5
Hobart Boulevard Elementary School 0.9 mi Public KG-5 C
Rfk Community Schools - Ucla Community School 1.0 mi Public KG-12 C+
Rfk Community Schools - Los Angeles High School Of The Arts 1.0 mi Public 9-12 C-
Rfk Community Schools - Ambassador School Of Global Leadership 1.0 mi Public 6-12 C
Rfk Community Schools - School For The Visual Arts & Humanities 1.0 mi Public 9-12 C+
Rfk Community Schools - New Open World Academy 1.0 mi Public KG-12 C-
Rfk Community Schools - Ambassador School Of Global Education 1.0 mi Public KG-5 D
Harvard Elementary 1.1 mi Public KG-5 B-
Everest Value 1.1 mi Public KG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90020

Median Age: 38.5
Married: 33%
Number of Households: 15,818
Households with Children: 19.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.