2213 S Spaulding, Los Angeles, CA 90016
- $899,000
- 3
- BD
- 2
- BA
- 1,384
- SqFt
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- PW26133917
- Year Built
- 1947
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,384
- Lot Size
- 4,846
- Acres
- 0.11
- Lot Location
- Front Yard, Landscaped, Level
- Days on Market
- 38
- Property Type
- Single Family Residential
- Style
- Traditional
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Builders, Developers, and Contractors – Exceptional Value-Add Opportunity! Prime opportunity to acquire an under-market 4,846-square-foot buildable parcel in the next upward-trending sought-after Mid-Los Angeles area, surrounded by ongoing redevelopment and new construction. This property offers tremendous upside potential for investors, builders, and developers seeking their next project in a rapidly evolving neighborhood. The site is currently a two-on-one property: a front 2-bedroom, 1-bath single-family residence and a detached rear 1-bedroom, 1-bath single-family residence. It offers immediate rental income while development plans are explored. Nearby properties have recently completed or are currently constructing three- and four-unit residential developments, illustrating strong demand and a redevelopment trend throughout the area. Additional features include a long private driveway leading to a detached two-car garage, a separate storage room, ample on-site parking, and a lot configuration that may lend itself to a variety of future development possibilities (buyer to verify all zoning, density, and development potential with the appropriate agencies). Whether you're looking to renovate, expand, hold for income, or pursue a ground-up development project, this property presents a rare opportunity to capitalize on one of Los Angeles' most active infill markets. Conveniently located near major transportation corridors, employment centers, shopping, dining, and entertainment. Bring your vision and unlock the full potential of this outstanding investment opportunity.
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Additional Information
- Pool Description
- None
- Heat
- None
- Cooling Description
- None
- View
- Neighborhood
- Patio
- Concrete, Open, Patio
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
- Interior Features
- Breakfast Bar, All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Speedy Watson (speedy@speedywatson.com) from Listing Office: First Team Real Estate.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.