Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

433 S Wilton Place

Los Angeles, CA, 90020

1 / 38View all 38 photos

$1,499,000

MLS: 26647859

Beds

6

Baths

4

Sq Ft

2,816

Lot

0.15 ac

Year Built

1919

MLS #

26647859

Days on Market

12

Listed

Feb 4, 2026

Description

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.

Location

Los Angeles, Los Angeles County, CA 90020

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Listed by: H. Jason Yang · GAIA

Payment estimate

$10,713

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $149,900 · Loan: $1,349,100

%
Principal & Interest
$8,289
Property tax (1.25%)
$1,561
Homeowners insurance
$300
Mortgage insurance
$562
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $52,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90020 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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