2214 S Spaulding
Los Angeles, CA, 90016
$1,150,000
MLS: PW26211533
Beds
12
Baths
10
Sq Ft
4,845
Lot
0.11 ac
Year Built
1928
MLS #
PW26211533
Days on Market
17
Listed
Sep 29, 2026
Description
SHOVEL-READY RTI DEVELOPMENT OPPORTUNITY IN PRIME MID-CITY! A rare opportunity for a developer or investor to step into 2214 S Spaulding Ave with the heavy lifting already completed. Offered with approved RTI plans for a thoughtfully designed 4 UNIT development consisting of a front duplex and two detached ADUs, creating a total of 12 bedrooms and 10 bathrooms across approximately 4,845 SF of proposed living area. With plans approved and Ready-to-Issue, the next developer can bypass the lengthy design and plan-check process and move directly toward pulling permits and beginning construction. The approved project features two spacious 3-bedroom, 3-bath residences in the front duplex, complemented by two detached 3-bedroom, 2-bath ADUs, all designed with contemporary architecture and highly functional layouts. The combination of four family-sized units provides multiple potential exit strategies, whether the goal is to build and hold as an income-producing asset or develop for resale. Located in one of Central Los Angeles’ most desirable infill corridors, the property sits in Mid-City near the Culver City/Westside corridor, with convenient access to Culver City, West Adams, Beverly Hills, USC/Exposition Park, Downtown Los Angeles, and the 10 Freeway. Skip the year of planning and entitlement work and take over a project positioned for construction. Plans and additional development information available upon request.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Cesar Vasquez · Kase Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,095
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,166
- Property tax (1.25%)
- $1,198
- Homeowners insurance
- $300
- Mortgage insurance
- $431
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $40,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90016 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.