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508 S Wilton Place

Los Angeles, CA 90020
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Bed 4

Bed

Bath 2

Bath

SqFt2,511

Sqft

SqFt6,173

Sqft(Lot)

Priced to sell / Discover this captivating two-story single-family home nestled in the prestigious Hancock Park neighborhood one of Los Angeles' most coveted addresses. Step inside to find elegant hardwood flooring throughout, a refined formal dining room, and a bright, airy layout that exudes timeless charm. The main level offers two bedrooms along with a separate office space, providing versatile living and work-from-home flexibility. Upstairs, three additional bedrooms offer generous private retreats for family and guests. As sunlight dances through its windows during the day, the designer's lighting creates a magical ambiance at night. Step into the serene backyard, enveloped by lush trees, and find tranquility in the heart of the city. With some personal touches, this home has every potential to transform into a true gem- the bones are exceptional and the canvas is ready for its next chapter. And the neighborhood speaks for itself. Tree-lined streets, landmark estates, and the timeless elegance of Hancock Park surround you- one of the few neighborhoods in Los Angeles where prestige, history, and community come together seamlessly. This single-family residence sits on a site zoned R3-2, offering the following by-right development standards: Floor Area Ratio of 6:1 and building heights of up to 75 ft / 6 stories. Twice the development capacity of standard R3-1 zoning (FAR 3:1 / 45 ft). No RSO liability- existing single-family use carries no rent control obligations upon demolition or succession risk for newly constructed units. The site also qualifies for the following development incentives: TOC Tier 3 designated (per ZIMAS), unlocking density bonuses of up to 70%, FAR increases of up to 50%, and reduced parking requirements in exchange for on-site affordable units. ED1-eligible (per ZIMAS) for 100% affordable housing projects, enabling streamlined ministerial approval and accelerated entitlement timelines. Citywide Housing Incentive Program (CHIP) area, providing additional incentive pathways. The property is valued for its land. The existing structure is considered incidental to development potential. All property information is provided as a preliminary guide only. Buyers are advised to independently verify all details through their own due diligence and professional consultation.

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Detail Ic Property Details

Property Type : Residential

Price : $1,360,000

AD Id : 87407849

MLS Id : 26854599

Beds : 4

Lot Size : 6,173 Sqft

Living Area Size : 2,511

Year Built : 1918

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Flooring Information

    Carpet, Tile, Wood
  • Interior Features

    Appliances: Dishwasher, Disposal
    Laundry Features: InKitchen
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1918
    Building Area Total: 2511
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: CityLights, TreesWoods

  • Lot Information

    Lot Dimensions: 50x121 Main Square Feet: 6173 Lot Size Acres: 0.1417 Lot Size Square Feet: 6,173

  • Listing Price Information

    Listing Price: $1360000
    Original Price: $1490000

  • Tax Information

    Parcel Number: 5504026020

  • Location Information

    Direction: Wilton Pl between 5th and 6th st. Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3121 W 3rd Street, Los Angeles, CA, 90020 $782,000 2 2 902 821 Sqft
428 S Hoover. St., Los Angeles, CA, 90020 $1,549,500 4 2 1,913 4,752 Sqft
3333 W 4th Street, Los Angeles, CA, 90020 $9,200,000 42 -- 62,532 14,496 Sqft
520 S Kenmore Avenue, Los Angeles, CA, 90020 $4,900,000 15 24 18,783 9,817 Sqft
514 S Mariposa Avenue, Los Angeles, CA, 90020 $3,700,000 17 -- 12,294 11,254 Sqft
344 S Hobart Boulevard, Los Angeles, CA, 90020 $2,700,000 16 16 9,233 9,691 Sqft
512 S Hobart Boulevard, Los Angeles, CA, 90020 $7,500,000 13 -- 40,148 18,206 Sqft
453 S Gramercy Place, Los Angeles, CA, 90020 $3,800,000 8 -- 8,594 8,008 Sqft
523 S Wilton Place, Los Angeles, CA, 90020 $1,390,000 7 7 3,504 8,536 Sqft
570 S Van Ness Avenue, Los Angeles, CA, 90020 $1,749,900 3 3 2,694 8,728 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/11/2026 @ 04:22

MLS: 26854599 LISTED BY: May Myung Hahm, The Selected Properties 213-500-5677 SOURCE: CRMLS

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