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310 S Wilton Place

Los Angeles (City), CA 90020
  • $6,300,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 22146705
UPDATED: 54 min ago
$6,300,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Mijeong Kim of Max Mega Group (323-692-9900) and Jennifer Oh of ()


Description

CALLING ALL BUILDERS!!!!! DEVELOPERS!!!!! INVESTORS!!!!! Extremely rare and unique opportunity to possibly build 43 luxury condos or 68 apartments in an absolutely prime location. Situated most favorably in Koreatown/Hancock Park, the close proximity to everything Los Angeles is topped only by its inclusion within the boundaries of the prestigious Third Street Elementary School. Although its current zoning is R3, the projected number of units are based on discussions with the City of a real possibility of an upgrade to R4 use code. 310 & 316 S Wilson Pl to be sold together. Property can be delivered vacant by COE at the request of buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127803747
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310 S Wilton Place Los Angeles (City), CA 90020

  • Price: $6,300,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 54 min ago
  • ID#: 22146705
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1922
Built
Neighborhood:
C18 - Hancock Park-Wilshire
County:
Los Angeles
Area:
C18 - Hancock Park-Wilshire
Property Description
CALLING ALL BUILDERS!!!!! DEVELOPERS!!!!! INVESTORS!!!!! Extremely rare and unique opportunity to possibly build 43 luxury condos or 68 apartments in an absolutely prime location. Situated most favorably in Koreatown/Hancock Park, the close proximity to everything Los Angeles is topped only by its inclusion within the boundaries of the prestigious Third Street Elementary School. Although its current zoning is R3, the projected number of units are based on discussions with the City of a real possibility of an upgrade to R4 use code. 310 & 316 S Wilson Pl to be sold together. Property can be delivered vacant by COE at the request of buyer.
Exterior Features

Parking Features Driveway Down Slope From StreetGatedUncovered Parking Total 12

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association Fee 0 Gross Income 312000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 217000 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Mijeong Kim of Max Mega Group (323-692-9900) and Jennifer Oh of ()