Listing Agent: Christopher Gibson      Broker/Office: Quick Lane Realty
1435 Spaulding Avenue S Los Angeles CA 90019
$ 1,418,900
  2   |    1   |    1306 Sq Feet

Listing ID

#26856599

Status

Active

Property Type

Single Family Residence

Property Style

Spanish

County

Los Angeles

Year Built

1923

Days on website

7

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.
Location
Financial Information
List Price:  $ 1418900
Property Features
Furnished:  Unfurnished
Levels:  One
Parking Features:  Driveway
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  C16 - Mid Los Angeles
City:  Los Angeles
Listed By:   Christopher Gibson   Quick Lane Realty 
CA Lic#