639 North Spaulding Avenue Los Angeles, CA ^$ 5,500,000

639 North Spaulding Avenue

^$ 5,500,000

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639 North Spaulding Avenue

Los Angeles, CA, 90036

^$ 5,500,000

Studio Baths0.0 Sq 9,220

Monthly Estimate*

^$ 38,419

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 1

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 2

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 3

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 4

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 5

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 6

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 7

639 North Spaulding Avenue, Los Angeles, CA 90036 - Image 8

Studio

Multi-Family Home for sale in Los Angeles, CA

for $5,500,000. This 9,220 square foot home was built in 1925 on a lot size of 0.3.

Incredibly rare 50% VACANT multifamily asset at 639 -649 N Spaulding Drive situated in the historic Melrose / Fairfax District. Centrally located within walking distance to The Grove, Original Farmers Market, Melrose, Fairfax & 3rd Street shopping districts. A quick walk to Fairfax district & Pan Pacific Park, this rare offering presents an astute investor with the unique opportunity to capitalize on the high vacancy factor at the property, renovate units & achieve a high yield right away.

Multi-Family Pending

Price

^$ 5,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0022191451

Features

General

Heating Central

Cooling Central Air

Zoning LARD1.5

Year Built 1925

County Los Angeles

Net Operating Income 300360.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Pending

City Los Angeles

Buyer Agent Compensation 1.50

Senior Community Y/N No

MLS Area C19 - Beverly Center-Miracle Mile

Lot Size Square Feet 13010.0

Street Name Spaulding

Standard Status Pending

Year Built Source Assessor

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Dishwasher

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

Exterior

Parking Features Gated

Lot Size Area 13010.0

Building Area Total 9220.0

Lot Size Acres 0.3

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Jacob Plewa

Listing Agent

Remax Commercial & Investment Realty

Broker

Affordability Calculator

$38,419

Per Month

Monthly Principal & Interest: $38,419
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 64%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/20/2022	$5,500,000		Listed Price

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639 North Spaulding Avenue, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $5,500,000 with 9,220 sqft and a lot size of 0.3. 639 North Spaulding Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 90036 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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639 North Spaulding Avenue

Multi-Family Home for sale in Los Angeles, CA

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