We are pleased to present 307 N Wilton Pl - a three unit multifamily investment located in the city of Los Angeles. This is a great opportunity for a developer to build 8-9 units on a corner lot located adjacent to Hancock Park (Buyer to Verify). Further, there is a private loan in place in the amount of $570,000, which can be assumed by a qualified Buyer at negotiable rates and terms. This one story, wood frame stucco structure was constructed in 1920 and consists of 2,875 sf of living area. The property features three (3) one bedroom & one bath units and is situated on a 7,981 sf lot zoned R3. The property is located north of the 10 Freeway and southwest of the 101 and 110 Freeways. Located north of W 3rd St and south of W 1st St adjacent to Hancock Park, the location of the property allows for tenants to live in a desirable pocket adjacent to Hancock Park and Mid-Wilshire/Koreatown providing the convenience of living just a few minutes from entertainment, venues, and shopping.