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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,895,000

Est. payment - /mo

6 Beds

5 Baths

3,738 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,738 sqft

Price per Sqft $506

MLS Listing ID 25520607

Bedrooms 6

HOA Y/N No

Year Built 1939

Lot Size 6,355 Sqft

Property Description

610 N Spaulding Ave offers a rare opportunity to invest in a well-maintained property with proven stability, having been under the same dedicated ownership since 2007. This long-term stewardship reflects consistent management and care, ensuring enduring value. Ideally situated in the heart of the Fairfax District of Los Angeles' most vibrant cultural hubs the property enjoys proximity to iconic destinations like The Grove, the Original Farmers Market, and Melrose Avenue. Beyond its exceptional location, the property presents investors with meaningful value-add potential. Approximately 25% rental upside can be unlocked through strategic unit renovations as vacancies arise, offering a clear path to increased returns. The surrounding area is defined by desirable demographics, with an average household income nearing $126K within a one-mile radius, signaling strong purchasing power and sustained demand for quality housing. Altogether, 610 N Spaulding Ave represents a compelling investment opportunity, combining long-term stability, walkability, upside potential, and a prime position in one of L.A.'s most dynamic rental markets.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Exterior

Attached Garage No

Total Parking Spaces 5

Building

Faces West

Story 2

Entry Level Two

Foundation Raised

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5527023016

Special Listing Condition Standard

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Listed by Saadia 'Sam' Liberow • Marcus & Millichap

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610 N Spaulding AVE Los Angeles, CA 90036