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1110 S Spaulding Avenue

Los Angeles (City), CA 90019
  • $4,995,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • ID#: 21103996
Under Contract
UPDATED: 57 min ago
$4,995,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing provided courtesy of Dario Svidler of Compass and Almog Strikowski of Compass

Description

Presented for sale is a 26 Residential Unit Ready-to-Issue Development Opportunity in Mid-Wilshire. Situated on Spaulding Ave. between San Vicente Blvd and Whitworth Dr., this 9,993 SF R3-1 Tier 3 lot has its longest side at a 20 foot wide alley. Currently housing a Single Family Residence, this property comes with No RSO and No need to Ellis. This Project is Fully RTI! Mechanical, Electrical and Plumbing Plan Checks are all complete! The Letter of Determination was issued in 2019, which calls for 3 ELI Units. Consisting of fourteen 2+2s, eleven 3+3 (including two townhouse units) and one 1+1, the unit mix should rent quickly in this very-in-demand Very Walkable neighborhood a short distance to the under-construction Fairfax/Wilshire Metro Subway Station. The Project consists of six levels of housing (the ground level split between housing and parking) over one level of subterranean parking (32 parking spaces total). The 28,590 SF of Rentable Square Footage is designed with Type 3 Over Type 1 Construction. This building will tower over most properties in the area. This tremendously central location surrounded by tons of restaurants, nightlife and shopping, is walking distance to LACMA, the Petersen Automotive Museum, the Academy Museum, The Grove and The Farmers Market. Easy access to DTLA, Beverly Hills, and the whole Westside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-29T15:30:21.15. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living SoCal. Licensed in the State of California, USA.
www.betterlivingsocalhomes.com/homes/123185991
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1110 S Spaulding Avenue Los Angeles (City), CA 90019

  • Price: $4,995,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 57 min ago
  • ID#: 21103996
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Presented for sale is a 26 Residential Unit Ready-to-Issue Development Opportunity in Mid-Wilshire. Situated on Spaulding Ave. between San Vicente Blvd and Whitworth Dr., this 9,993 SF R3-1 Tier 3 lot has its longest side at a 20 foot wide alley. Currently housing a Single Family Residence, this property comes with No RSO and No need to Ellis. This Project is Fully RTI! Mechanical, Electrical and Plumbing Plan Checks are all complete! The Letter of Determination was issued in 2019, which calls for 3 ELI Units. Consisting of fourteen 2+2s, eleven 3+3 (including two townhouse units) and one 1+1, the unit mix should rent quickly in this very-in-demand Very Walkable neighborhood a short distance to the under-construction Fairfax/Wilshire Metro Subway Station. The Project consists of six levels of housing (the ground level split between housing and parking) over one level of subterranean parking (32 parking spaces total). The 28,590 SF of Rentable Square Footage is designed with Type 3 Over Type 1 Construction. This building will tower over most properties in the area. This tremendously central location surrounded by tons of restaurants, nightlife and shopping, is walking distance to LACMA, the Petersen Automotive Museum, the Academy Museum, The Grove and The Farmers Market. Easy access to DTLA, Beverly Hills, and the whole Westside.
Exterior Features

Parking Total 0 View YN Yes

Property Features

Association Fee 0 Inclusions 26 Unit Fully Rti Multi-Residential Project. Listing Agreement Exclusive Right To Sell Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning R3-1-O Tier 3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-29T15:30:21.15. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living SoCal. Licensed in the State of California, USA.
 
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250 El Camino Real #104
Tustin CA, 92780
Listing provided courtesy of Dario Svidler of Compass and Almog Strikowski of Compass