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422 N Spaulding Ave

Los Angeles, CA 90036
  • $1,700,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 22-143121
Price Reduced
UPDATED: 3 min ago
$1,700,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,674
    SQFT
  • $463
    $/SQFT
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Description

Located in the highly-desirable Fairfax District, and just a short walk from The Grove, this Spanish-style fourplex resides in an 'A+' rental location that is consistently sought-after by high-income young professionals. 422 N. Spaulding features (2) 2-Bdrm units and (2) 1-Bdrm units. Each bright and spacious unit features recessed lighting, ceiling fans, wood flooring, an updated kitchen and an in-unit washer and dryer. Please note, a 1-Bdrm unit will be delivered VACANT upon close of escrow. This charming value-add property features 8 total parking spaces (4-single-car garages and 4 open spaces) and a nicely landscaped community backyard. 422 N. Spaulding is offered in conjunction with the sale of a 10-unit value-add property in West Hollywood, 1116 N. Spaulding Ave (can be purchased separately).

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T14:43:25.037. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/127374084
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422 N Spaulding Ave Los Angeles, CA 90036

  • Price: $1,700,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 3 min ago
  • MLS #: 22-143121
6
Beds
0
Baths
0
½ Baths
0.15
Acres
3,674
SQFT
$463
$/SQFT
1926
Built
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
Beverly Center-Miracle Mile
Property Description
Located in the highly-desirable Fairfax District, and just a short walk from The Grove, this Spanish-style fourplex resides in an 'A+' rental location that is consistently sought-after by high-income young professionals. 422 N. Spaulding features (2) 2-Bdrm units and (2) 1-Bdrm units. Each bright and spacious unit features recessed lighting, ceiling fans, wood flooring, an updated kitchen and an in-unit washer and dryer. Please note, a 1-Bdrm unit will be delivered VACANT upon close of escrow. This charming value-add property features 8 total parking spaces (4-single-car garages and 4 open spaces) and a nicely landscaped community backyard. 422 N. Spaulding is offered in conjunction with the sale of a 10-unit value-add property in West Hollywood, 1116 N. Spaulding Ave (can be purchased separately).
Exterior Features

Cross Streets Oakwood Ave & N. Spaulding Ave. Garage Structures Total 4 Lot Size Area 6354 Other Structures None Parking Garage Garage - 1 CarSide By Side Style Spanish Total Parking 8 View Description None View YN No

Interior Features

Baths Total 4.00 Common Walls Attached Cooling Ceiling Fan Equipment Built-InsCableCeiling FanDishwasherDryerHood FanRange/OvenWasherStackable W/D Hookup Fireplace Rooms Decorative Flooring WoodTile Heating Wall Laundry In Unit

Property Features

Gross Income 114600 Gross Operating Income 111162 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 77671.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 33491 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Kenny Stevens DRE#01090251 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T14:43:25.037. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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