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433 S Wilton Place, Los Angeles, California 90020, Los Angeles, 90020 - 6 bed, 4 bath

433 S Wilton Place, Los Angeles, California 90020 home-pic-0
ACTIVE$1,499,000
433 S Wilton Place, Los Angeles, California 90020
6Beds
4Baths
2,816Sqft
6,634Lot
Year Built
1919
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$532
HOA
-
Days on market
-
Sold On
-
MLS number
25615319
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 4 Cons,5 Pros. Rank: price - $1.50M(13th), sqft - 2816(13th), beds - 6(50th), baths - 4(25th).

Welcome to 433 S. Wilton Place, a fully remodeled 6 bedroom, 4 bathroom home located in the prestigious Hancock Park neighborhood, 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.

Price History

Date
Event
Price
11/09/25
Listing
$1,499,000
04/30/21
Sold
$1,450,000
11/05/18
Sold
$1,275,000
11/05/18
Sold
$1,200,000
Condition Rating
Excellent
Despite being built in 1919, this property has undergone a comprehensive and recent 'fully remodeled' renovation. The description highlights new plumbing, a 200 amp electrical panel with complete rewiring, waterproof flooring, dual pane windows, and fully renovated bathrooms. The images confirm a modern, high-quality aesthetic throughout, particularly in the kitchen with its white shaker cabinets, quartz countertops, and new appliances, and in the bathrooms with contemporary fixtures and stylish tiling. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Location & School District: Located in the prestigious Hancock Park neighborhood within the highly regarded Third Street School District, offering excellent desirability and potential for appreciation.
Extensive Modern Remodel: The property has undergone a full remodel, including new plumbing, a 200 amp electrical panel with complete rewiring, waterproof flooring, dual pane windows, and fully renovated bathrooms, minimizing immediate maintenance needs.
Strong Income & Investment Potential: Currently generating $6,600/month with a market rent potential of $8,300/month, offering significant cash flow for investors and flexibility to be delivered occupied or vacant.
Development & Expansion Opportunities: Zoned LAR3 and Tier 3 TOC, with a large 6,632 sqft lot and backyard space suitable for an ADU, pool, or future development, providing substantial long-term value.
Spacious & Flexible Layout: Boasts 6 bedrooms, 4 bathrooms, dual primary suites, and a spacious chef's kitchen with an oversized island, accommodating large families or multi-tenant configurations.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Age of Property: Built in 1919, despite extensive remodeling, the underlying structure is over a century old, which may raise concerns for some buyers regarding potential unforeseen issues or historical property considerations.
Multi-Tenant Optimized Layout: The 6-bedroom, 4-bathroom configuration with dual primary suites and current use as a by-the-bedroom rental might be perceived as optimized for multi-tenant income rather than a traditional single-family home, potentially narrowing the owner-occupant buyer pool.
Tenant Transition Challenges: If purchased as an income property, managing existing tenants or the process of transitioning to vacant possession for an owner-user could present logistical or financial challenges.

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