Jesse Sanchez, Listing Office: Compass
550 S Wilton Pl Los Angeles, CA 90020
$2,999,999 List price
0.2 acres
Land
Property details
About 550 S Wilton Pl
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!
Highlights
Home typeOther
StatusActive
Lot size0.1664 Acres
MLS #24463865
ViewCity Lights, Hills, Other
Summary
- MLS Number: 24463865
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (310) 230-5478
- Listing Agent: Jesse Sanchez
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,999,999
550 S Wilton Pl
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 26, 2021 | Home Sold | $2,900,000 |
| Apr 01, 2019 | Home Sold | $1,450,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $1,494,322 | $17,858 |
| 2020 | $1,479,000 | $5,441 |
| 2019 | $421,589 | $5,277 |
| 2018 | $413,324 | $5,168 |
| 2017 | $405,221 | $5,168 |
History based on county public records data.
Nearby schools
8
Wilshire Park Elementary
Public District KG-5
0.2 mi
•4063 Ingraham St
5
Wilton Place Elementary
Public District KG-5
0.4 mi
•745 S Wilton Pl
7
Kim Elementary School
Public District KG-5
0.6 mi
•225 S Oxford Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,802. The most common annual income of people living in Los Angeles, CA is less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
45%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
6%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 S Wilton Pl
This home is located at 550 S Wilton Pl in Los Angeles, CA and zip code 90020 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $2,999,999.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. The number of listings in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.