Sheleneatanacio.com
Address
632 N Wilton Place Los Angeles, CA
Price
$ 2,800,000
Property Attributes
  • MLS#21695662
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHancock Park
  • Zip90004
  • Style
  • Price$ 2,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap
Data Source:
CLAW
Property Description

Located between Melrose Ave and Beverly Blvd, the subject property features two parcels totaling 13,615 in the heart of the Hollywood StudioDistrict adjacent to the Hollywood Historic Hotel.The current structures consist of twelve bungalow-style units consisting of one-bedroom units which will be delivered100% vacant, no relocations or buyouts necessary.This offering presents a developer the opportunity to purchase a sizable lot ideal for a multifamily development project. The parcels are currently zoned R3-1; there are no plans or entitlements in-place currently. This is an opportunity for a developer to build17 units by-right.The Hollywood market remains one of the most desirable submarkets for living and working. With over 100,000 people living within one-mile and an average home value of over $840,000within a three-mile radius, the demand for apartment units continues to increase year-over-year. The subject property has a walk score of 90 and offers direct access to the 101 Freeway and a short walk to the Metro Local Lines on Western & Melrose

Price History
2/20/2021 Listed $2,800,000

General Features

Additional Parcels Y/N Yes
MLS Area HPK - Hancock Park
Property Type Land
View None
Zoning R3-1

Exterior Features

Lot Size Acres 0.15
Lot Size Area 13615
Lot Size Source Other
Lot Size Square Feet 13615
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90004

Price
AVG $2.35M
$2.8M
Visits
AVG 16
27
Walkscore
AVG 89
91
Data Provided by Walkscore ® not using MLS data

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