433 S Wilton Place, Los Angeles, California 90020, Los Angeles, 90020 - 6 bed, 4 bath
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Los Angeles, California 90020
Analysis of 433 S Wilton Place, Los Angeles, California 90020 is currently available with a list price of $1,499,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel that includes major infrastructure updates such as new plumbing, a 200-amp electrical panel with full rewiring, and dual-pane windows. The interior features a modern chef's kitchen with high-end appliances and an oversized island, fully renovated bathrooms, and contemporary waterproof flooring throughout, meeting all current quality standards for a turnkey residence.
Situated in the prestigious Hancock Park neighborhood and within the highly regarded Third Street School District, the property offers exceptional long-term value and appeal to families.
The home has been fully remodeled with essential infrastructure updates, including new plumbing, a 200-amp electrical panel with complete rewiring, and dual-pane windows, reducing immediate capital expenditure.
Currently generating $6,600 per month with a market potential of $8,300, the property provides a strong cap rate for investors or a significant mortgage offset for owner-users.
The current 'by-the-bedroom' leasing model to multiple tenants requires more intensive property management and carries higher turnover risks compared to a single-family lease.
The 1919 residence has been fully remodeled with modern finishes like waterproof flooring, which may lack the original architectural charm and period details sought by historic home enthusiasts in Hancock Park.
With six bedrooms and the potential for an ADU, the property may face parking congestion and reduced private outdoor space if maximized to its full occupancy or development potential.
433 S. Wilton Place is a fully remodeled 6-bedroom, 4-bathroom home located in the prestigious Hancock Park neighborhood and within the highly regarded Third Street School District. This residence offers over 2,800 square feet of living space on a 6,632 square foot lot. The floor plan includes dual primary suites and a spacious chef's kitchen featuring an oversized center island, breakfast bar, and ample counter space for cooking and entertaining. Recent upgrades include new plumbing, a 200 amp electrical panel with complete rewiring, waterproof flooring, dual pane windows, and fully renovated bathrooms. The property can be delivered either occupied as an income property or vacant for an owner user. It is currently leased by the bedroom to young professionals and international students, generating approximately $6,600 per month in income, with a market rent potential of around $8,300 per month. Zoned LAR3 and located in Tier 3 TOC, the lot offers strong development potential. The large backyard provides additional space for an ADU, pool, or future development. Prime location, strong income, and development flexibility make this property an excellent opportunity for both homeowners and investors in one of Los Angeles' most desirable areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.5 | 50% |
| Baths | 4.0 | 7.5 | 17% |
| Square foot | 2,816 | 6,461.5 | 17% |
| Lot Size | 6,634 | 14,815.5 | 17% |
| Price | $1.50M | $5.31M | 33% |
| Price per sq ft | $532 | $751 | 50% |
| Built year | 1919 | 1920 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 150 | 17% |
Feb 4, 2026
$1,499,000
Initial Listing
Apr 30, 2021
$1,450,000
Public Record
Nov 5, 2018
$1,275,000
Public Record
Nov 5, 2018
$1,200,000
Public Record