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3 Beds
2 Baths
1,384 sqft

$899,000

2213 S Spaulding, Los Angeles CA, 90016

Price per sqft$649.57
Built in1947
Property size1,384 sqft
Property typeMulti-family

Overview

Active

Listed Jun 19, 2026

Updated 4h ago

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.

$5,981/mo

Est. mortgage payment based on a $899,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26133917

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Garage
Yes
View
Yes
55+/Senior Community
No

Listed by Speedy Watson, First Team Real Estate, CA DRE 00614328

Listing Contact: 310-766-1412 

Based on information from the CRISNet MLS as of 10/8/2026, 7:26 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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