1121 S Spaulding Avenue, Los Angeles, CA 90019
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
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.
MLS#:CL26871479
Source:Bay East, CCAR, bridgeMLS
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 #:CL26871479
- Added:32 day(s) ago
- Updated:September 14, 2026 at 02:39 PM
Structure and exterior
- Lot area:0.16 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,750,000
New listings near 1121 S Spaulding Avenue
- Coming Soon
$1,899,000Coming Soon4 beds 3 baths2,216 sq. ft.13215 Dewey Street, Los Angeles, CA 90066
MLS# OC26191155Listed by: BERKSHIRE HATHAWAY HOMESERVICE - Coming Soon
$974,900Coming Soon4 beds 2 baths1,661 sq. ft.6911 Bobbyboyar Avenue, Los Angeles, CA 91307
MLS# 26876013Listed by: GREENBOX REALTY - Coming Soon
$598,999Coming Soon2 beds 2 baths956 sq. ft.5151 Balboa #303, Encino, CA 91316
MLS# SR26200653Listed by: COLDWELL BANKER ENVISION - Coming SoonOpen Sat, 12 to 2pm
$699,000Coming Soon2 beds 3 baths1,597 sq. ft.4755 Templeton St #2215, Los Angeles, CA 90032
MLS# OC26200519Listed by: BEST REALTY PARTNERS - Coming Soon
$895,000Coming Soon2 beds 1 baths792 sq. ft.1812 Wollam Street, Los Angeles, CA 90065
MLS# 26874995Listed by: KW ADVISORS - Coming Soon
$2,799,000Coming Soon5 beds 4 baths3,804 sq. ft.23534 Hatteras Street, Woodland Hills, CA 91367
MLS# SR26199998Listed by: EQUITY UNION - Coming Soon
$545,000Coming Soon1 beds 1 baths460 sq. ft.3311 S Durango, Los Angeles, CA 90034
MLS# SR26200389Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - Coming SoonOpen Wed, 11am to 2pm
$1,195,000Coming Soon4 beds 2 baths1,192 sq. ft.1331 W. 27th, San Pedro, CA 90731
MLS# SB26200208Listed by: REAL BROKERAGE TECHNOLOGIES, INC. - Coming SoonOpen Sat, 1 to 5pm
$729,000Coming Soon2 beds 1 baths1,144 sq. ft.7357 Anatola Avenue, Lake Balboa, CA 91406
MLS# SR26200086Listed by: CLEAR WAY REAL ESTATE - Coming Soon
$822,000Coming Soon2 beds 2 baths1,208 sq. ft.1312 S Saltair Avenue #106, Los Angeles, CA 90025
MLS# 26987613Listed by: COMPASS