2213 S Spaulding, Los Angeles, CA 90016
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$899,000
Est. payment /mo
3 Beds
2 Baths
1,384 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,384 sqft

Price per Sqft $649

MLS Listing ID PW26133917

Bedrooms 3

Full Baths 2

Construction Status Fixer

HOA Y/N No

Year Built 1947

Lot Size 4,843 Sqft

Property Sub-Type Duplex

Property Description

Builders, Developers, and Contractors – Exceptional Value-Add Opportunity! Prime opportunity to acquire an under-market 4,846-square-foot buildable parcel in the next upward-trending sought-after Mid-Los Angeles area, surrounded by ongoing redevelopment and new construction. This property offers tremendous upside potential for investors, builders, and developers seeking their next project in a rapidly evolving neighborhood. The site is currently a two-on-one property: a front 2-bedroom, 1-bath single-family residence and a detached rear 1-bedroom, 1-bath single-family residence. It offers immediate rental income while development plans are explored. Nearby properties have recently completed or are currently constructing three- and four-unit residential developments, illustrating strong demand and a redevelopment trend throughout the area. Additional features include a long private driveway leading to a detached two-car garage, a separate storage room, ample on-site parking, and a lot configuration that may lend itself to a variety of future development possibilities (buyer to verify all zoning, density, and development potential with the appropriate agencies). Whether you're looking to renovate, expand, hold for income, or pursue a ground-up development project, this property presents a rare opportunity to capitalize on one of Los Angeles' most active infill markets. Conveniently located near major transportation corridors, employment centers, shopping, dining, and entertainment. Bring your vision and unlock the full potential of this outstanding investment opportunity.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Rooms

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar, All Bedrooms Down

Heating None

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Porch Concrete, Open, Patio

Total Parking Spaces 7

Private Pool No

Building

Lot Description Front Yard, Landscaped, Level

Dwelling Type Duplex

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5064028023

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Speedy Watson First Team Real Estate 310-766-1412, DRE #00614328

Nearby Locations

Get more details on this property

Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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2213 S Spaulding

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