1121 S Spaulding Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1121 S Spaulding Avenue,Los Angeles, CA 90019
$1,750,000
  • 0.16 Acres
  • Lots / Land
  • Active
Listed by: janet neman, angelica gotzev
Office: kidder mathews of california, inc.858-369-3010
MLS#:26871479
Source:CRMLS

Price summary

  • Price:$1,750,000

About this home

Opportunity to acquire 1121 S Spaulding Ave, a rare development and value-add opportunity ideally located near the Beverly Center and Miracle Mile in one of Central Los Angeles' most desirable and centrally connected residential neighborhoods.The property consists of approximately 6,828.6 SF of land with R3-1-O zoning and a Transit Oriented Communities Tier 3 designation, creating a compelling opportunity for multifamily redevelopment. The site is currently improved with an approximately 1,775-SF single-family residence, providing a buyer with multiple potential strategies, including redevelopment, renovation, owner-user occupancy, interim rental income or a longer-term hold. Prior architectural plans were prepared for a five-story, 17-unit multifamily development over one level of subterranean parking. The proposed project included three one-bedroom units, 12 two-bedroom units and two three-bedroom units, including two extremely low-income units. Although the plans have expired, they...

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Home facts

  • Listing ID #:26871479
  • Added:24 day(s) ago
  • Updated:September 06, 2026 at 11:02 AM

Structure and exterior

  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,750,000
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