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610 N Spaulding Avenue Los Angeles, CA $ 2,100,000
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$ 2,100,000 Get more info
610 N Spaulding Avenue
$ 2,100,000
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Share Save

610 N Spaulding Avenue

Los Angeles, CA, 90036
$ 2,100,000
Bedrooms6 Baths5.0 Sq 3,738

Monthly Estimate*

$ 14,669

Listed by Marcus & Millichap
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 1
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610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 7
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 8
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 9
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 10
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 11
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 12
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 13
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610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 17
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 18
610 N Spaulding Avenue, Los Angeles, CA 90036 - Image 19

Multi-Family Home for sale in Los Angeles, CA

for $2,100,000 with 6 bedrooms and 5 full baths. This 3,738 square foot home was built in 1939 on a lot size of 0.1459.

Positioned in the vibrant heart of the Fairfax district, 610 N Spaulding Ave transcends mere investment it serves as a gateway to Los Angeles' cultural epicenter. Its prime location offers a blend of excitement and convenience, with iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, along with numerous eclectic boutiques, driving high tenant demand and premium rental rates. With an impressive Walk Score of 95, this property caters to modern lifestyle preferences, prioritizing convenience and community engagement. Tenants enjoy the freedom to stroll to nearby attractions, enhancing tenant retention rates and property desirability for investors. Seize the opportunity to unlock hidden value and maximize returns by renovating units over time, elevating profitability and tapping into the ever-evolving rental market of Los Angeles. Reflecting the area's affluent demographic and strong purchasing power, the Fairfax district boasts a robust average household income of nearly 140K within a mile of the property, contributing to a favorable investment climate and sustained demand for quality rental accommodations. Overall, 610 N Spaulding Ave presents a compelling investment opportunity, characterized by long-term ownership, prime location, exceptional walkability, and promising upside potential through renovations, making it an attractive option for investors aiming to capitalize on the dynamic Los Angeles real estate market.

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Multi-Family Active

Price

$ 2,100,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1459

Year Built

1939

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24371815

Days on Market

38
Features
General
Heating None
Cooling None
Zoning LARD1.5
Garage Spaces 5.0
Year Built 1939
Stories 2
Levels Two
Gross Income 133185.0
County Los Angeles
Net Operating Income 87805.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Near cross streets N Spaulding Ave & Clinton St.
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Square Feet 6354.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Spaulding
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Cap Rate 4.18
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Exterior
Parking Features None
Total Parking 5.0
Lot Size Area 6354.0
Number of Buildings 1
Spa N
Building Area Total 3738.0
Lot Dimensions 50x127
Lot Size Acres 0.1459
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 5
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Internal Only
Street Number 1 610
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2795

Phone

Affordability Calculator

$14,669
Per Month
100%
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0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
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Monthly Home Insurance
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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
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/22/2024$2,100,000 Listed Price

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610 N Spaulding Avenue, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $2,100,000 with 3,738 sqft and a lot size of 0.1459. 610 N Spaulding Avenue has 6 bedrooms, 5.0 baths, and was built in 1939. The property's zip code is 90036 which is in Los Angeles, CA

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