1110 South Spaulding Avenue

1110 South Spaulding Avenue

Los Angeles, CA 90019

$4,995,000
Last Sold Price
9,993 / 0.23
Lot Size / Acres

Sold 1/27/22

Sold 1/27/22

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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...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.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #00625769 • Compass
  2. Listed by Almog Strikowski • DRE #01986816 • Brokerage DRE #00625769 • Compass

Property Details for 1110 South Spaulding Avenue

Zoning
R3-1-O Tier 3
Parcel Number
5085024020
Area
Beverly Center-Miracle Mile (C19)
Lot Size Area
9993
Source Lot Size Area
Vendor Enhanced
Present Use
SFR
Potential Usage
Fully RTI 26 Unit Multi-Residential Project
Assessor Parcel Number
5085-024-020

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Almog Strikowski, DRE #01986816

Sold By Compass, David Lubell, DRE #01928231

Add your commute
LISTING UPDATED: 01/27/2022 12:38 PM

Property Details for 1110 South Spaulding Avenue

StatusSold
MLS #21-103996
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.23 AC
CountyLos Angeles County

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Almog Strikowski, DRE #01986816

Sold By Compass, David Lubell, DRE #01928231

Add your commute

Building Information for 1110 South Spaulding Avenue

Lot Size0.23 AC

Payment Calculator

$32,387 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,260

Property Taxes

$5,127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1110 South Spaulding Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Tree Top, Other
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Methane Gas, Other
  • Lot Acreage: 0.2294
  • Lot Size Square Feet: 9993
  • Telephone: 1.0
  • Cable: 1.0
  • Possible New Zone: 26 Unit RTI Project
Parking Details
Parking Details
  • Total Parking: 0
Lease Terms
Lease Terms
  • Entry Date: 11-10-2021

Property History for 1110 South Spaulding Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1110 South Spaulding Avenue

Taxable ValueLand$4,590,000Additions$504,900Total$5,094,900
Tax Record2023$61,518 ($5,127 / month)
Home Facts
Beds3Total Finished SqFt1,833 SqFtAbove Grade Finished SqFt1,833 SqFtLot Size9,993 SqFtStyleSingle Family ResidenceYear Built1936ZoningLAR3CountyLOS ANGELESAPN5085-024-020

Schools near 1110 South Spaulding Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Carthay Center Elementary
Public - K to 5
Emerson Community Charter School
Charter - 6 to 8
Fairfax Senior High School
Public - 9 to 12
New Los Angeles Charter School
Charter - 6 to 8
Rating
School
Distance
Carthay Center Elementary
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Dario Svidler, DRE #01884474; Compass, Almog Strikowski, DRE #01986816

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.