337-339 North Spaulding Avenue

Los Angeles, CA 90036

$1,695,000
Last Sold Price
8
Beds
4
Baths
5,148 Sq. Ft.
$329 / Sq. Ft.
5,148
Sq. Ft.
$329
per Sq. Ft.

Description

Welcome to this charming 4-plex property, a rare gem located in one of Los Angeles' most desirable neighborhoods. This Spanish Style multi-family residence offers a unique investment opportunity with a perfect blend of historic charm and modern amenities. Each unit features spacious living rooms with original hardwood floors, bedrooms with ample closet space and its own laundry room. Lush, landscaped communal backyard with a patio area is ideal for dinning and relaxation. Detached 4 car garages with...Welcome to this charming 4-plex property, a rare gem located in one of Los Angeles' most desirable neighborhoods. This Spanish Style multi-family residence offers a unique investment opportunity with a perfect blend of historic charm and modern amenities. Each unit features spacious living rooms with original hardwood floors, bedrooms with ample closet space and its own laundry room. Lush, landscaped communal backyard with a patio area is ideal for dinning and relaxation. Detached 4 car garages with additional driveway parking. Individual gas and electric meters for each unit. Situated in the Vibrant and culturally rich neighborhood of Beverly Center/Miracle Miles, this property is just minutes away Los Angeles' finest attractions and amenities. CBS Television City located just a short walk from the property and it is a significant landmark. Future development plans for the CBS site include a mixed-use project that will bring additional dining, shopping, and entertainment options, making this property location even more desirable. The property is a mere 5-minutes drive or a leisurely 15-minutes walk to the premier shopping, high-end retailers, dinning options and entertainment venues at Beverly Center. The Grove and iconic open-air Farmers Market are only a 7 minutes drive. This property offers an incredible investment opportunity in a prime Los Angeles location with strong rental potential and the added benefit from all the shopping, culinary, and entertainment attraction in the area.
  1. Listed by Nima Rasakhoo • DRE #01935311 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 337-339 North Spaulding Avenue

Water Front
None
Zoning
LARD1.5
Cross Streets
Beverly Blvd.
Accessibility Features
None
Parcel Number
5527040015
Total Units
4.0
Living Area
5148
Source Living Area
Vendor Enhanced
LISTING UPDATED: 08/29/2024 01:27 PM

Property Details for 337-339 North Spaulding Avenue

StatusSold
MLS #24-409675
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.15 AC / 6,419 SF
CountyLos Angeles County

Building Information for 337-339 North Spaulding Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.15 AC / 6,419 SF

Property Information for 337-339 North Spaulding Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: apartments
  • Entry Floor Number: 1
  • Direction Faces: East
  • Water: Meter on Property
  • Sewer: In Street
  • Water Heaters: Yes
  • Water District: DWP
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $99,000
  • Net Operating Income: $88,000.00
  • Gross Income: $88,000
  • Gross Rent Multiplier: $99,000.00
  • Actual Gross Annual Income: $99,000
  • Financial Info as Of: 06/30/2024
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 11000
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.1474
  • Lot Size Square Feet: 6419
  • Lot Features: Back Yard, Landscaped
  • Lot Description: Back Yard, Landscaped
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 6
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 4
  • Attached Garage: No
  • Garage Structures Total: 4.0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Dishwasher, Dryer, Washer, Garbage Disposal
  • Room Bathroom Features: Low Flow Shower, Low Flow Toilet(s)
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s)
  • Cooking Appliances: Gas
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Disability Access: None
  • Volt220 Location: 220V Throughout
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Windows: French Windows
  • New Construction: No
  • Exterior Construction: Hard Coat
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-30-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,017.00
  • Unit Actual Rent: $2,017.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,765.00
  • Unit Actual Rent: $1,765.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,620.00
  • Unit Actual Rent: $1,620.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,850.00
  • Unit Actual Rent: $2,850.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $82,685.00
  • Assessed Improvement Percent: 53.04
  • Assessed Land Value: $73,210.00
  • Assessed Land Percent: 46.96
  • Assessed Total Value: $155,895.00

Property History for 337-339 North Spaulding Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 337-339 North Spaulding Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

Whitman Continuation School
Public9 to 12

Melrose Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Nima Rasakhoo, DRE #01935311

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.