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337 N Spaulding Ave 4 Unit Apartment Building $3,066,615 CAD ($766,654 CAD/Unit) 3.32% Cap Rate Los Angeles, CA 90036
Investment Highlights
- Spanish-style 4-plex in the heart of Beverly Center/Miracle Mile.
- Prime location near The Grove, Beverly Center, Farmers Market, and CBS Television City.
- Exceptional long-term investment opportunity in a supply-constrained market.
- Each unit features hardwood floors, ample closet space, and private laundry.
- Strong rental income potential in a high-demand neighborhood.
Executive Summary
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 | $3,066,615 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $766,654 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.32% | Building Size | 5,148 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | Parking Ratio | 0.78/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $3,066,615 CAD |
| Price Per Unit | $766,654 CAD |
| Sale Type | Investment |
| Cap Rate | 3.32% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| 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
Unit Amenities
- Microwave
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
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 | $947,243 CAD |
| Land Assessment | $1,362,940 CAD | Total Assessment | $2,310,183 CAD |
Property Taxes
Parcel Number
5527-040-015
Land Assessment
$1,362,940 CAD
Improvements Assessment
$947,243 CAD
Total Assessment
$2,310,183 CAD
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337 N Spaulding Ave
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