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$ 1,895,000
Est. payment /mo
New
610 N Spaulding AVE Los Angeles, CA 90036
6 Beds
5 Baths
3,738 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,738 sqft
Price per Sqft $506
MLS Listing ID 25520607
Bedrooms 6
HOA Y/N No
Year Built 1939
Lot Size 6,355 Sqft
Property Description
610 N Spaulding Ave offers a rare opportunity to invest in a well-maintained property with proven stability, having been under the same dedicated ownership since 2007. This long-term stewardship reflects consistent management and care, ensuring enduring value. Ideally situated in the heart of the Fairfax District of Los Angeles' most vibrant cultural hubs the property enjoys proximity to iconic destinations like The Grove, the Original Farmers Market, and Melrose Avenue. Beyond its exceptional location, the property presents investors with meaningful value-add potential. Approximately 25% rental upside can be unlocked through strategic unit renovations as vacancies arise, offering a clear path to increased returns. The surrounding area is defined by desirable demographics, with an average household income nearing $126K within a one-mile radius, signaling strong purchasing power and sustained demand for quality housing. Altogether, 610 N Spaulding Ave represents a compelling investment opportunity, combining long-term stability, walkability, upside potential, and a prime position in one of L.A.'s most dynamic rental markets.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Exterior
Attached Garage No
Total Parking Spaces 5
Building
Faces West
Story 2
Entry Level Two
Foundation Raised
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5527023016
Special Listing Condition Standard
Listed by Saadia 'Sam' Liberow • Marcus & Millichap