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1110 S Spaulding Ave

Los Angeles, CA 90019
  • $4,995,000
  • STATUS: Active Under Contract
  • ON SITE: 17 Days
  • ID#: 21-103996
Under Contract
UPDATED: 82 min ago
$4,995,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

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 the Combined LA/Westside Multiple Listing Service as of 2021-11-27T23:42:45.397. 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.
www.randyplaice.com/homes/123186769
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1110 S Spaulding Ave Los Angeles, CA 90019

  • Price: $4,995,000
  • Status: Active Under Contract
  • On Site: 17 Days
  • Updated: 82 min ago
  • ID#: 21-103996
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
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

Lot Size Area 9993 View Description Tree TopOther View YN Yes

Property Features

Cable YN Yes Inclusions 26 Unit Fully Rti Multi-Residential Project. Potential Usage Fully Rti 26 Unit Multi-Residential Project Present Use Sfr Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning R3-1-O Tier 3

Listing provided courtesy of Dario Svidler DRE#01884474 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T23:42:45.397. 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.
 
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