
Los Angeles, California 90016
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.
Property is land value only, full reconstruction required.
Property is a 1928 build marketed exclusively as a shovel-ready RTI development opportunity. The listing provides renderings and plans for a new 4-unit complex rather than photos of the existing structure, indicating the value is in the land and entitlements for demolition and new construction.
The property is offered with Ready-to-Issue (RTI) plans for a 4-unit development, allowing a developer to bypass approximately a year of entitlement and design work to begin construction immediately.
The approved project maximizes the lot's utility with 12 bedrooms and 10 bathrooms across four units, providing significant rental yield potential or a high-value multi-unit resale strategy.
Situated in a highly desirable Mid-City corridor near Culver City and West Adams, the location offers excellent proximity to major tech hubs, Downtown LA, and the 10 Freeway.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4845, other record living area = 1348. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 12, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4924, living area = 4845.
As a development site, the acquisition price is only the baseline; the buyer must have significant liquid capital or construction financing to execute the nearly 5,000 SF build-out.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 12.0 | 3.0 |
| Baths | 10.0 | 2.0 |
| Square foot | 4,845 | 1,670.836 |
| Lot Size | 4,924 | 6,152.156 |
| Price | $1.15M | $1.34M |
| Price per sq ft | $237 | $807 |
| Built year | 1928 | 1941 |
| HOA | $0 | $238 |
| Days on market | 41 | 56 |
Sep 29, 2026
$1,150,000
Initial Listing
Oct 1, 2024
$775,000
Public Record