1121 S Spaulding Avenue, Los Angeles, CA 90019
Local realty services provided by:CENTURY 21 Affiliated
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 provide useful preliminary design work and illustrate the scale of multifamily development previously contemplated for the property. Buyer must independently verify all zoning, density, incentives, entitlement requirements, parking requirements, plan ownership and development feasibility. The existing single-family residence also creates an alternative path for an investor or owner-user seeking to renovate, reposition, expand or potentially rebuild the existing home. This flexibility distinguishes the offering from a traditional land opportunity by supporting multiple potential business plans and allowing a buyer to determine the optimal strategy for the property. The property is ideally positioned near the Beverly Center, Miracle Mile, Beverly Hills, Mid-Wilshire and West Hollywood, offering convenient access to many of Los Angeles' premier employment centers, cultural destinations, restaurants, shopping and entertainment amenities. Development opportunities offering this combination of multifamily zoning, TOC designation, existing residential improvements and a central Los Angeles location are increasingly difficult to find.1121 S Spaulding Ave represents an exceptional development, renovation or owner-user opportunity with multiple paths to value creation....
Contact an agent
Home facts
- Listing ID #:26871479
- Added:1 day(s) ago
- Updated:August 13, 2026 at 01:33 AM
Structure and exterior
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,750,000
New listings near 1121 S Spaulding Avenue
- New
$1,179,000Active2 beds 3 baths1,769 sq. ft.1717 Stoner Avenue #105, Los Angeles, CA 90025
MLS# CL26869461Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$429,000Active1 beds 1 baths620 sq. ft.4401 Sepulveda Boulevard #202, Los Angeles, CA 91403
MLS# CL26870109Listed by: RODEO REALTY - New
$999,000Active3 beds 2 baths1,380 sq. ft.731 Coronel Street, Los Angeles, CA 90012
MLS# CL26871453Listed by: ERICKSON ESTATES, INC - New
$999,000Active2 beds 3 baths1,715 sq. ft.11440 National Boulevard #16, Los Angeles, CA 90064
MLS# CL26871511Listed by: COMPASS - New
$950,000Active2 beds 3 baths1,556 sq. ft.1278 S Camden Drive #103, Los Angeles, CA 90035
MLS# CL26871837Listed by: COMPASS - Open Sat, 1 to 3pmNew
$1,100,000Active3 beds 2 baths1,580 sq. ft.459 Dustin Drive, Los Angeles, CA 90065
MLS# 26849735Listed by: COMPASS - New
$890,000Active4 beds 4 baths1,482 sq. ft.2905 W 14th Street, Los Angeles, CA 90006
MLS# 26866467Listed by: REDPOINT REALTY - New
$1,995,000Active4 beds 5 baths3,530 sq. ft.1581 Manning Avenue, Los Angeles, CA 90024
MLS# 26870449Listed by: SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 2 to 5pmNew
$1,095,000Active2 beds 1 baths900 sq. ft.5960 Airdrome Street, Los Angeles, CA 90035
MLS# 26871015Listed by: PARDEE PROPERTIES - Open Sat, 1 to 4pmNew
$1,050,000Active2 beds 3 baths1,560 sq. ft.13031 Villosa Place #142, Playa Vista, CA 90094
MLS# 26871175Listed by: ESTATE PROPERTIES