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    429 N Spaulding Ave

    Los Angeles, CA 90036
    • $2,249,000
    • STATUS: Active
    • ON SITE: 142 days
    • MLS #: 20-642700
    UPDATED: 21 min ago
    $2,249,000
    • 6
      BEDS
    • 0.15
      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 the Combined LA/Westside Multiple Listing Service as of 2021-03-07T18:42:21.207. 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.
    www.desertarealuxuryhomes.com/homes/111030999
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    429 N Spaulding Ave Los Angeles, CA 90036

    • Price: $2,249,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 20-642700
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,781
    SQFT
    $595
    $/SQFT
    1925
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    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 Area 6422 Other Structures None Parking Garage AssignedGarageUncovered Total Parking 0

    Interior Features

    Baths Total 4.00 Cooling None Equipment Other Heating Other

    Property Features

    Assessed Total Value 404042 Electric Expense 1272.00 Gardener Expense 1800.00 Gross Income 85920 Gross Operating Income 85290 Insurance Expense 2771.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Maintenance Expense 3000.00 Net Operating Income 68449.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 17471 Type Of Units 1 Water Expense 2800.00 Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Jesse Weinberg DRE#01435805 of Jesse Weinberg.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T18:42:21.207. 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.
     
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