637 N Spaulding Avenue, Los Angeles, CA 90036
-
Listed Price :
$3,225,000
-
Beds :
12
-
Baths :
12
-
Property Size :
9,654 sqft
-
Year Built :
1928
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.
Interior Features
Bedroom Information |
Bedrooms |
12 |
Bathroom Information |
Bathrooms |
12 |
Listing Information
Address |
637 N Spaulding Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90036 |
County |
Los Angeles |
Listing Agent |
Susan Lau DRE #01516710 |
Co-Listing Agent |
Eric Sackler DRE #01057377 |
Courtesy Of |
Coldwell Banker Realty |
List Price |
$3,225,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
9,654 |
Lot Size |
6,417 |
Year Built |
1928 |
Listing information courtesy of: Susan Lau, Eric Sackler, Coldwell Banker Realty. *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.