Welcome to 523 South Wilton Place, a classic two story triplex located in the desirable Hancock Park neighborhood. This property spans over 3,500 square feet on an oversized 8,550 square foot lot with two separate buildings, offering a rare opportunity for both investors and developers. Zoned LAR3, the property provides excellent potential for expansion or future development. The front structure features a 3 bedroom 2 residence, while the rear building includes 2 fully renovated units, a one bedroom one bathroom unit and a studio, both tenant occupied at market rents. Whether you choose to buy and hold for steady cash flow, add ADUs for additional income, or redevelop with the potential to build up to 14 units (buyer to verify), this property offers endless possibilities.Located in a central and highly walkable area of Los Angeles, the property offers convenient access to Koreatown, Larchmont Village, and major employment and retail centers. This is a rare opportunity to own a multi-unit property in one of the city's most in-demand neighborhoods with strong rental upside and long-term growth potential.

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Based on information submitted to CRMLS as of May 21, 2026 3:52 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 523 S Wilton Place

Property Details

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Property Details of 523 S Wilton Place

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Bathrooms

Laundry

Utilities and Appliances

Utilities and Appliances

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Luxury Malibu Property | Pinnacle Estate Properties Malibu