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For Sale

$1,418,900

1,306 sqft$1,086/sqft124 days on market

1435 S Spaulding Avenue

Los Angeles, CA 90019

· 8% down, 7% APR, 30yr fixed

2

Beds

1

Baths

1,306

Square feet

1923

Built

Listing narrative

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.

Listing agent (MLS): Christopher Gibson · Listing brokerage (MLS): Quick Lane Realty

Property Details

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Price

$1,418,900

Beds

2 bd

Type

House

Home Size

1,306 sqft

Baths

1

Lot Size

0.16 acres

Year

1923

Status

For Sale

Days on Market

124

$ / Sqft

$1,086

· 8% down, 7% APR, 30yr fixed
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Courtesy of Quick Lane Realty