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1121 S Spaulding Avenue

Los Angeles, CA 90019
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SqFt6,829

Sqft(Lot)

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 subterr anean 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,750,000

AD Id : 89476698

MLS Id : 26871479

Lot Size : 6,829 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Lot Dimensions: 55x138 Main Square Feet: 6829 Lot Size Acres: 0.1568 Lot Size Source: Other Lot Size Square Feet: 6,829

  • Listing Price Information

    Listing Price: $1750000

  • Tax Information

    Parcel Number: 5086026016

  • Location Information

    Direction: North of Pico Blvd, South of San Vicente Blvd, East of Fairfax Ave, West of Hauser Blvd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1050 S Norton Avenue, Los Angeles, CA, 90019 $4,200,000 -- -- -- 18,533 Sqft(Lot)
1437 12th Avenue, Los Angeles, CA, 90019 $1,249,000 -- -- -- 8,197 Sqft(Lot)
1437 12th Avenue, Los Angeles, CA, 90019 $2,498,000 -- -- -- 8,197 Sqft(Lot)
1709 Crenshaw Boulevard, Los Angeles, CA, 90019 $999,000 -- -- -- 7,466 Sqft(Lot)
4838 Saturn, Los Angeles, CA, 90019 $1,050,000 -- -- -- 6,534 Sqft(Lot)

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ByOwner last updated this listing 08/14/2026 @ 10:28

MLS: 26871479 LISTED BY: Janet Neman, Kidder Mathews of California, Inc. 858-369-3010 SOURCE: CRMLS

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