$3,225,000
Pending

637 N Spaulding Avenue

Los Angeles, CA 90036
9654 sqft | 12 beds | #25494111
Browse 36 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Current CAP over 5%* with huge upside with proforma CAP over 7%. 3 Units are kept vacant and will be delivered vacant. Charming Melrose Village 12-unit ideally situated in the city of LA, adjacent to and benefiting from all that West Hollywood has to offer. Located 1/2 block from Melrose Avenue and 5 blocks from The Grove & Pan Pacific Park, 637 North Spaulding represents an opportunity to acquire a generational asset in a great area with great upside potential and located next to trendy restaurants, schools, houses of worship, parks and shopping. *3 vacant units are projected at market rents post renovations.

  • Property Details
      • StoriesMulti Levels, Two Level
      • Property SubtypeResidential Income
      • CoolingWall Unit(s)
      • Cooling FeaturesWall Unit(s)
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$3,225,000
      • MLS #25494111
      • MLS #25494111
      • ZoningLARD1.5
      • Cost3225000
      • HeatingWall
      • Square Feet9654
      • Year Built1928
      • Price Per Sqft$334
      • Bedrooms12

Location

Eduardo Bravo | Engel & Volkers Beverly HillsReal Estate Group
OR

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