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Just Sold – 539 N. Spaulding Avenue, Los Angeles, CA 90036 – $1,515,000

JUST SOLD IN THE HEART OF BEVERLY GROVE

539 N. Spaulding Avenue, Los Angeles, CA 90036

$1,515,000

https://www.zillow.com/homedetails/539-N-Spaulding-Ave-Los-Angeles-CA-90036/20786146_zpid/

https://www.redfin.com/CA/Los-Angeles/539-N-Spaulding-Ave-90036/home/7103790

Development Opportunity in the heart of Beverly Grove near all the trendy shopping and dining venues along Melrose Avenue and Beverly Blvd, and a short 5-minute walk to the Grove and Farmers Market. VACANT duplex with 2 bedrooms 1 bath units each, over 2,400sf of existing total living space, on a large 6,414sf lot zoned RD1.5-1XL, which allows up to 4 units by right. Perfect for an owner-user to remodel & expand both units, or for an investor/developer to remodel & expand the front units and build up to 2 additional units in the back (buyers to verify) and turn the property into a prime income-producing asset.

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