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About This Home

This 3-bedroom, 2-bathroom multi-family at 2213 S Spaulding in Los Angeles, CA is listed for $899,000 ($650 per sqft). Built in 1947, the home offers 1,384 sqft of living space on a 0.11 acres lot.

Agent Description

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.

Key Features

  • Built in 1947
  • 0.11 acre lot
  • 7 parking spaces

Property Details

1 story
2 full
7 spaces
1947

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

2213 S Spaulding

Los Angeles, CA 90016

Features & Amenities

Exterior Features

FenceCommunity Features Included: CurbsSidewalksLandscapedLevelFront Yard

Property Details

Flooring

CarpetVinyl

Parking

DrivewayGarage

Cooling

None (Cooling)

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 2213 S Spaulding is listed at $899,000 ($650/sqft). The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 0.11 acre lot, 7 parking spaces. Exterior Features: Fence, Community Features Included: Curbs, Sidewalks.

This property is listed by Speedy Watson and can be reached at 3107661412 or speedy@speedywatson.com.

SW

Speedy Watson

Agent at First Team Real Estate

(310) 766-1412

Listed by First Team Real Estate · View on Broker Site

MLS# PW26133917· Source: listhub· Updated 1 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2213 S Spaulding, Los Angeles, CA 90016

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