$ 1,750,000
-
$1,750,000
Price -
2
Bed -
2
Bath -
5,662
SqFt
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About the Listing CLW-X82195 - CLW-C143599
346 N Spaulding Ave, a charming 4-unit apartment building located in the Fairfax District neighborhood of Los Angeles, California. Built in1939, the property consists of (4) two-bedroom + two-bathroom units. The building is 5,662 gross square feet and sits on a 6,354 square foot lot.Situated in the vibrant Fairfax District, 346 N Spaulding Ave offers residents a unique blend ofhistoric charm and central city convenience. The area is known for its tree-lined streets, classic architecture, and an energetic, culturally rich community, all while being minutes from some of LosAngeles' most iconic destinations.Residents enjoy easy access to Beverly Hills, Miracle Mile, and Mid-City, as well as the shops, restaurants, and cultural landmarks of the Fairfax District. With its walkable location, excellent connectivity, and timeless architectural appeal, 346 N Spaulding Ave represents a highly desirable rental opportunity in one of Los Angeles' most vibrant neighborhoods.346 N Spaulding Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 3.18% with the ability to improve to a 6.33% CAP rate once units turnover.
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5527041023
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
346 N Spaulding Ave Los Angeles, CA 90036
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