1435 S Spaulding Ave, Los Angeles, CA 90019

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

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

List Price
$1,418,900
Status
ACTIVE
Days on Market
131
MLS#
26856599
Style
Spanish
Year Built
1923
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
1,306
Lot Size
7,131
Acres
0.16
MLS Area Major
Mid Los Angeles (C16)

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

Property Description
Spanish
Air Conditioning
None
Pool Type
None
Garage Spaces
2
View
None

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