1435 S Spaulding Ave, Los Angeles, CA 90019

$1,418,900
2
BD
1
BA
1,306
SqFt

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List Price
$1,418,900
MLS#
26856599
Year Built
1923
Bedrooms
2
Bathrooms
1
Living Sq. Ft
1,306
Lot Size
7,131
Days on Market
92
Property Type
Single Family Residential
Style
Spanish

Property Description

Prime Mid-Wilshire/Picfair Village Development Opportunity on an Expansive 7,129 SF Lot! Incredible opportunity in a highly sought-after Los Angeles pocket! Boasting an oversized 7,129 sq ft lot significantly larger than standard lots in the immediate areathis property is a goldmine for investors, developers, or an owner-user looking to build substantial equity. Whether your vision is a full luxury rebuild, expanding the existing footprint, or capitalizing on LA's hot multi-unit development market, the options here are endless. The existing home features classic charm with hardwood flooring and a detached 2-car garage. Public records reflect a 2-bedroom, 1-bathroom home of 1,306 sq ft; however, the property currently functions as a 3-bedroom, 2-bathroom layout. The additional 1 bed/1 bath was completed with quality workmanship, offering an immediate value-add or rental potential while you finalize your long-term plans. Live in it, rent it out, or clear the lot to maximize the zoning and square footage potential. Located minutes from world-class dining, shopping, and transit. Property is being sold AS-IS. Buyer to verify all permitted/unpermitted square footage, zoning regulations, and development potential.

Additional Information

Other Buildings
None
Pool Description
None
Heat
Wall
Cooling
None
View
None
Number of Cars in Garage
Detached, Driveway
Garage Spaces Total
2

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Calculator source: Real Geeks

Courtesy of Quick Lane Realty, Christopher Gibson - CA DRE#01933093

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