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,… Read More 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. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
20
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,662
Lot Size
0.15 Acres
Year Built
1928
MLS Number
25615455
30 Days Snapshot Of 90036
$2.18M
+7%
(avg) sold price
11
+83%
homes sold
92
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
5,662 sq ft, Built in 1928, Levels: Two
Cooling
None
Disclosures
None
Garage
None
Heating
None
Lot
LotAcreage: 0.1459, LotSizeArea: 6,356
Parking
TotalParking: 6
Property
NumberOfUnits: 4, Zoning: LARD1.5
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
