904 N Spaulding Ave - Apartments FOR SALE


Los Angeles, CA 90046
$2,150,000 USD
310-922-0238
904 N Spaulding Ave, Los Angeles, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/34
null | 4.86% Cap Rate

904 N Spaulding Ave
Los Angeles, CA 90046


HIGHLIGHTS

  • 1st Time On Market in Over 42 Years!
  • Offered at Only $268k/Unit
  • 1 Unit Currently Vacant
  • 41% Rental Upside
  • Offers Carport Parking
  • A+ West Hollywood Location Just off Santa Monica Blvd & Fairfax

OVERVIEW

1st Time on Market in Over 42 Years! 904 N Spaulding Avenue is an 8 Unit Apartment Building built in 1957. The property is located in an A+ West Hollywood Location just south of Santa Monica Blvd and East of Fairfax Dr. The property offers an excellent unit mix comped of Studio, 1 & 2 Bedroom Units. Carport Garage offers 6 Parking Spaces that can be future ADU Opportunities to add aditional units. Over 41% Rental Uspide. 1 Unit Currently Vacant (Buyer to Verify All Information)

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$419 USD /SF

# OF UNITS

8

PRICE/UNIT

$268,750

CAP RATE

4.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R3

APN/PARCEL ID

5530-023-009

ASK ABOUT THIS PROPERTY

Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-922-0238

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Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-922-0238

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.