523 S Wilton Pl, Los Angeles, CA 90020 - View 1
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523 S Wilton Pl, Los Angeles, CA 90020

List Price: $1,600,000On Market FlagOn market
May 3, 20253,504 sqft5 beds4 baths
Listed by: Jeremy Kim
License #: 02045187
Phone #: 213-421-4675
Dream Realty & Investments Inc
Source:
CRMLS Logo
MLS #: 25533963

Property Description

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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,706

TurboHome Estimated Value

$1,490,200

$425 sqft

High Valuation
$1,564,710
$447/sqft
Normal Valuation
$1,490,200
$425/sqft
Low Valuation
$1,415,690
$404/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$425/sqft$1,490,200

Neighborhood: Mid Wilshire

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Comparative Value

$1.03M

$1.60M

$1.73M

$1.82M

$2.00M

207 S Ardmore Ave, Los Angeles, CA 90004

Sale Price: $1,034,000

Selected Comparable

523 S Wilton Pl, Los Angeles, CA 90020

List Price: $1,600,000

Subject Property

313 S Sycamore Ave, Los Angeles, CA 90036

Sale Price: $1,725,000

Selected Comparable

364 N Mansfield Ave, Los Angeles, CA 90036

Sale Price: $1,825,000

Selected Comparable

687 Lorraine Blvd, Los Angeles, CA 90005

Sale Price: $1,835,000

Selected Comparable

736 Crenshaw Blvd, Los Angeles, CA 90005

Sale Price: $2,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
523 S Wilton Pl, Los Angeles, CA 90020

523 S Wilton Pl, Los Angeles, CA 90020

List: $1,600,000

Listed: 5/3/2025

Area:3,504 sqft
Price/sqft:$457
Beds:5
Baths:4
Year Built:
Lot Size:8,536

Comparable Properties

COMPARABLE
Choose comps
736 Crenshaw Blvd, Los Angeles, CA 90005

736 Crenshaw Blvd, Los Angeles, CA 90005

Sale: $2,000,000

2/25/20250.46 mi

Area:3,399 sqft
Price/sqft:$588
Beds:5
Baths:5
Year Built:
Weight:21.9%
687 Lorraine Blvd, Los Angeles, CA 90005

687 Lorraine Blvd, Los Angeles, CA 90005

Sale: $1,835,000

5/20/20250.46 mi

Area:3,933 sqft
Price/sqft:$467
Beds:5
Baths:3
Year Built:
Weight:21.1%
313 S Sycamore Ave, Los Angeles, CA 90036

313 S Sycamore Ave, Los Angeles, CA 90036

Sale: $1,725,000

1/16/20251.67 mi

Area:2,726 sqft
Price/sqft:$633
Beds:5
Baths:4
Year Built:
Weight:19.4%
364 N Mansfield Ave, Los Angeles, CA 90036

364 N Mansfield Ave, Los Angeles, CA 90036

Sale: $1,825,000

7/11/20251.76 mi

Area:3,094 sqft
Price/sqft:$590
Beds:6
Baths:4
Year Built:
Weight:18.9%
207 S Ardmore Ave, Los Angeles, CA 90004

207 S Ardmore Ave, Los Angeles, CA 90004

Sale: $1,034,000

12/31/20240.83 mi

Area:3,223 sqft
Price/sqft:$321
Beds:4
Baths:4
Year Built:
Weight:18.7%

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