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Debbi DiMaggio Betta

debbi.dimaggio@corcoranicon.com +1(510) 414-6777

$ 1,490,000

Est. payment | -/mo

4 Beds

2 Baths

2,511 SqFt

Save

$ 1,490,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,511 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,511 sqft

Price per Sqft $593

MLS Listing ID CL26854599

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1918

Lot Size 6,173 Sqft

Acres 0.1417

Property Sub-Type Single Family Residence

Property Description

Discover this captivating two-story single-family home nestled in the prestigious Hancock Park neighborhood one of Los Angeles' most coveted addresses. Step inside to find elegant hardwood flooring throughout, a refined formal dining room, and a bright, airy layout that exudes timeless charm. The main level offers two bedrooms along with a separate office space, providing versatile living and work-from-home flexibility. Upstairs, three additional bedrooms offer generous private retreats for family and guests. As sunlight dances through its windows during the day, the designer's lighting creates a magical ambiance at night. Step into the serene backyard, enveloped by lush trees, and find tranquility in the heart of the city. With some personal touches, this home has every potential to transform into a true gem- the bones are exceptional and the canvas is ready for its next chapter. And the neighborhood speaks for itself. Tree-lined streets, landmark estates, and the timeless elegance of Hancock Park surround you- one of the few neighborhoods in Los Angeles where prestige, history, and community come together seamlessly. This single-family residence sits on a site zoned R3-2, offering the following by-right development standards: Floor Area Ratio of 6:1 and building heights of up to 75 ft / 6 stories. Twice the development capacity of standard R3-1 zoning (FAR 3:1 / 45 ft). No RSO liability- existing single-family use carries no rent control obligations upon demolition or succession risk for newly constructed units. The site also qualifies for the following development incentives: TOC Tier 3 designated (per ZIMAS), unlocking density bonuses of up to 70%, FAR increases of up to 50%, and reduced parking requirements in exchange for on-site affordable units. ED1-eligible (per ZIMAS) for 100% affordable housing projects, enabling streamlined ministerial approval and accelerated entitlement timelines. Citywide Housing Incentive Program (CHIP) area, providing additional incentive pathways. The property is valued for its land. The existing structure is considered incidental to development potential. All property information is provided as a preliminary guide only. Buyers are advised to independently verify all details through their own due diligence and professional consultation.

Location

State CA

County Los Angeles

Zoning LAR3-2

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher

Laundry In Kitchen

Exterior

Pool None

View Y/N true

View City Lights, Trees/Woods

Total Parking Spaces 2

Private Pool false

Building

Story 2

Architectural Style Craftsman

Level or Stories Two Story

New Construction No

Others

Tax ID 5504026020

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by May Myung Hahm • The Selected Properties

Nearby Locations

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Debbi DiMaggio Betta

REALTOR | Partner | Lic# 01047447

debbi.dimaggio@corcoranicon.com

+1(510) 414-6777

342 Highland Ave, Piedmont, CA, 94611, USA

508 S Wilton Place Los Angeles, CA 90020

Debbi DiMaggio Betta

Key Details

Location

Interior

Exterior

Building

Others

508 S Wilton Place