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1110 S Spaulding Avenue

Los Angeles (City), CA 90019
  • $4,995,000
  • STATUS: Closed
  • ON SITE: 79 Days
  • ID#: 21103996
Sold - 01/27/2022
$4,995,000
SOLD - 01/27/2022
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Dario Svidler of Compass (310-500-3900) and Almog Strikowski of Compass(310-500-3900)


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.

Sold by David Lubell of Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-29T07:31:47.353. 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 Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
www.murphyhousing.com/homes/123185991
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1110 S Spaulding Avenue Los Angeles (City), CA 90019

  • Price: $4,995,000
  • Status: Closed
  • On Site: 79 Days
  • Updated: 52 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 2022-01-29T07:31:47.353. 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 Murphy Real Estate Team | Pabalyn Properties. Licensed in the State of California, USA.
 
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Murphy Real Estate Team | Pabalyn Properties
300 Carlsbad Village Dr.
Carlsbad CA, 92008
Listing Agent(s): Dario Svidler of Compass (310-500-3900) and Almog Strikowski of Compass(310-500-3900)