Homes for sale - 445 N Spaulding, Los Angeles, CA 90036

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,825,000

Est. payment - /mo

6,425 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25239240

HOA Y/N No

Year Built 1947

Lot Size 6,425 Sqft

Property Sub-Type Apartment

Property Description

Prime 4-Plex Investment Opportunity in One of L.A.'s Most Sought-After Locations!
Located in one of Los Angeles's most desirable neighborhoods, this prime 4-unit property offers an unmatched blend of immediate income, long-term upside, and unbeatable location. Just minutes from Sunset Blvd., Santa Monica Blvd., Century City, and The Grove, this asset places residents at the center of LA!

A potential Owner/User or Investor opportunity, each of the four units features a spacious 3-Bedroom, 1-Bath layout, with over 1,050 square feet of living space. The building is currently operating at a 4.75% cap rate on existing rents, with over 33% in rental upside still available, offering significant value-add potential. There are four garages located on-site plus an additional four surface spaces at the rear of the property, offering an ideal structure for future ADU development. All units are separately metered for gas and electricity.

With a Walk Score of 94, the Spaulding 4-plex is considered a Walker's Paradise! Tenants enjoy the proximity to luxury restaurants, entertainment venues, high-end retail and more! This is an ideal opportunity for an investor looking for stable returns with upside or an Owner/User looking in one of LA's most coveted neighborhoods!

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Golf, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5527027040

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Parker Boehle NorthMarq Realty Services, Inc 310-988-8361

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