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429 N Spaulding Ave

Los Angeles, CA 90036
  • $2,199,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 22-147321
UPDATED: 64 min ago
$2,199,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,781
    SQFT
  • $582
    $/SQFT
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Gorgeous and charming 4-unit complex in highly desirable Fairfax District. This well maintained property sits on a quaint street and is a rare investment opportunity. All four units have long term tenants with amazing upside potential on monthly rents. All four units are light and bright with spacious living/dining areas, historic original charm/details throughout, but with all the modern amenities. Each unit comes with its own garage. Property sits in an ideal location just minutes from the world famous Melrose Ave, The Grove, Beverly Center, Fairfax Junction, West Hollywood, Downtown LA, high-end shopping, top-tier dining, amazing nightlife and everything else Los Angeles has to offer! Don't miss this incredible invest in one of Los Angeles' most vibrant & neighborhoods.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. 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/128177158
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429 N Spaulding Ave Los Angeles, CA 90036

  • Price: $2,199,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 64 min ago
  • MLS #: 22-147321
6
Beds
0
Baths
0
½ Baths
0.15
Acres
3,781
SQFT
$582
$/SQFT
1925
Built
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
Beverly Center-Miracle Mile
Property Description
Gorgeous and charming 4-unit complex in highly desirable Fairfax District. This well maintained property sits on a quaint street and is a rare investment opportunity. All four units have long term tenants with amazing upside potential on monthly rents. All four units are light and bright with spacious living/dining areas, historic original charm/details throughout, but with all the modern amenities. Each unit comes with its own garage. Property sits in an ideal location just minutes from the world famous Melrose Ave, The Grove, Beverly Center, Fairfax Junction, West Hollywood, Downtown LA, high-end shopping, top-tier dining, amazing nightlife and everything else Los Angeles has to offer! Don't miss this incredible invest in one of Los Angeles' most vibrant & neighborhoods.
Exterior Features

Lot Size Area 6422 Other Structures None Parking Garage AssignedGarageUncovered Total Parking 0

Interior Features

Baths Total 4.00 Cooling Wall Unit(S) Equipment Other Fireplace Rooms Living Room Heating Other Laundry In Unit

Property Features

Assessed Total Value 404042 Gross Income 88944 Gross Operating Income 88944 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 71473.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Gardener Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 17471 Type Of Units 1 Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Jesse Weinberg DRE#01435805 of Jesse Weinberg.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. 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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