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    429 N Spaulding Avenue

    Los Angeles (City), CA 90036
    • $2,249,000
    • STATUS: Active
    • ON SITE: 177 days
    • ID#: 20642700
    $2,249,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,781
      SQFT
    • $595
      $/SQFT
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Gorgeous and charming 4-unit complex in highly desirable Fairfax District. This well maintained property sits on a quaint street and is a rare investment opportunity. All four units have long term tenants with amazing upside potential on monthly rents. Each unit consists of a great layout with 2 bedrooms, 1 bathroom, spacious living dining areas, historic original details throughout and all the modern amenities. Each unit comes with its own garage. Property sits in an ideal location just minutes from the world famous Melrose Ave, The Grove, Beverly Center, Fairfax Junction, West Hollywood, Downtown LA, high-end shopping, top-tier dining, amazing nightlife and everything else Los Angeles has to offer! Don't miss this incredible invest in one of Los Angeles' most vibrant & neighborhoods.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T00:25:45.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/111033534
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    429 N Spaulding Avenue Los Angeles (City), CA 90036

    • Price: $2,249,000
    • Status: Active
    • ID#: 20642700
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,781
    SQFT
    $595
    $/SQFT
    1925
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Gorgeous and charming 4-unit complex in highly desirable Fairfax District. This well maintained property sits on a quaint street and is a rare investment opportunity. All four units have long term tenants with amazing upside potential on monthly rents. Each unit consists of a great layout with 2 bedrooms, 1 bathroom, spacious living dining areas, historic original details throughout and all the modern amenities. Each unit comes with its own garage. Property sits in an ideal location just minutes from the world famous Melrose Ave, The Grove, Beverly Center, Fairfax Junction, West Hollywood, Downtown LA, high-end shopping, top-tier dining, amazing nightlife and everything else Los Angeles has to offer! Don't miss this incredible invest in one of Los Angeles' most vibrant & neighborhoods.
    Exterior Features

    Lot Size Units Square Feet Parking Features AssignedGarageUncovered Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Country Us Gross Income 85920.00 Gross Multiplier 26.00 Gross Operating Income 85290.00 Insurance Expense 2771.00 Maintenance Expense 3000.00 Net Operating Income 68449.00 New Taxes Expense 5500.00 Other Expense 328.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 17471.00 Vacancy Allowance Rate 0.00 Water Sewer Expense 2800.00 Zoning Lard1.5

    Listing provided courtesy of Jesse Weinberg of Jesse Weinberg and Blake Taylor of Jesse Weinberg


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T00:25:45.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
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    Mission Viejo CA, 92691