2213 South Spaulding, Los Angeles, CA 90016
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Speedy Watson • First Team Real Estate
$899,000
Est. payment /mo
3 Beds
2 Baths
1,384 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,384 sqft

Price per Sqft $649

MLS Listing ID PW-26133917

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1947

Lot Size 4,846 Sqft

Property Sub-Type Duplex

Source California Regional Multiple Listing Service (CRMLS)

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Heating None

Cooling None

Flooring Vinyl, Carpet

Fireplaces Type None

Laundry See Remarks

Exterior

Parking Features Driveway

Garage Spaces 2.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Connected, Water Connected, Electricity Available, Natural Gas Available

View Y/N Yes

Building

Lot Description Front Yard, Landscaped, Level

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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2213 South Spaulding