637 N Spaulding Avenue, Los Angeles, CA 90036

$3,225,000 Approx. USD 12 beds, 12 baths
9,654 sqft

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Marketed By The Keaty Team

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Agent Remarks

Current CAP over 5%* with huge upside with proforma CAP over 7%. 3 Units are kept vacant and will be delivered vacant. Charming Melrose Village 12-unit ideally situated in the city of LA, adjacent to and benefiting from all that West Hollywood has to offer. Located 1/2 block from Melrose Avenue and 5 blocks from The Grove & Pan Pacific Park, 637 North Spaulding represents an opportunity to acquire a generational asset in a great area with great upside potential and located next to trendy restaurants, schools, houses of worship, parks and shopping. *3 vacant units are projected at market rents post renovations.

Listing Details

Property type: (Multi-Family)

Status: Pending

MLS# 25494111

Price: $3,225,000

Beds: 12

Baths: 12

Built in 1928

9,654 sqft

2 stories

0.15 acres

Lot size: 0.1473