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337 N Spaulding Ave 4 Unit Apartment Building $2,250,000 ($562,500/Unit) 3.32% Cap Rate Los Angeles, CA 90036
EXECUTIVE SUMMARY
***OPEN HOUSE TODAY | 12:00 PM – 1:00 PM*** Discover a rare investment opportunity with this Spanish-style 4-plex, ideally situated in the heart of Los Angeles' coveted Beverly Center/Miracle Mile neighborhood. Blending timeless architectural charm each unit offers spacious living areas with hardwood floors, spacious closet space, and its own private laundry room. Just moments from premier shopping, dining, and entertainment ranging from The Grove and Beverly Center to the iconic Farmers Market with CBS Television City also nearby. With strong rental income potential and unbeatable access to L.A.'s most iconic attractions, this property is a standout opportunity for investors seeking long-term value in a prime location. Motivated seller!
PROPERTY FACTS
| Price | $2,250,000 | Building Class | C |
| Price Per Unit | $562,500 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 5,148 SF |
| Cap Rate | 3.32% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1928 |
| Property Type | Multifamily | Parking Ratio | 0.78/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $2,250,000 |
| Price Per Unit | $562,500 |
| Sale Type | Investment |
| Cap Rate | 3.32% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,148 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
AMENITIES
SITE AMENITIES
- Courtyard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 5527-040-015 | Improvements Assessment | $695,000 |
| Land Assessment | $1,000,000 | Total Assessment | $1,695,000 |
PROPERTY TAXES
Parcel Number
5527-040-015
Land Assessment
$1,000,000
Improvements Assessment
$695,000
Total Assessment
$1,695,000
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337 N Spaulding Ave
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