637 N Spaulding Avenue

Los Angeles, CA 90036

$3,225,000

List Price

12

bed Beds

12

shower Baths

9,654 sqft

straighten / sqft

1928

calendar_month Built

Property 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.

Listing Information

List Price $3,225,000
Status Active
MLS 25494111
Type Residential Income
Year Built 1928
Lot Size 6,417
Structure Size 9,654
Courtesy Of Coldwell Banker Realty
Listing Agent Susan Lau DRE#01516710
Co-Listing Agent Eric Sackler DRE#01057377

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 12

Exterior Information

Maps

Listing information courtesy of: Susan Lau, Eric Sackler, Coldwell Banker Realty 310-979-3960. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 4th, 2025 at 8:59 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.