610 N Spaulding Avenue Active

Los Angeles,CA 90036

$ 1895000

- Bed

0 Bath

3738 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,738 sqft

Price per Sqft $506

MLS Listing ID CL25520607

HOA Y/N No

Year Built 1939

Lot Size 6,356 Sqft

Acres 0.15

Property Sub-Type Other

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

Zoning LARD

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 5527023016

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