346 N Spaulding Ave 4 Unité Immeuble d’appartements 2 410 293 $ CAD (602 573 $ CAD/Unité) 3,18% Taux de capitalisation Los Angeles, CA 90036

Michael Kamara of Lyon Stahl is pleased to present 346 N Spaulding Ave, a charming 4-unit
apartment building located in the Fairfax District neighborhood of Los Angeles, California. Built in
1939, the property consists of (4) two-bedroom + two-bathroom units. The building is 5,662 gross
square feet and sits on a 6,354 square foot lot.
Situated in the vibrant Fairfax District, 346 N Spaulding Ave offers residents a unique blend of
historic charm and central city convenience. The area is known for its tree-lined streets, classic
architecture, and an energetic, culturally rich community, all while being minutes from some of Los
Angeles’ most iconic destinations.
Residents enjoy easy access to Beverly Hills, Miracle Mile, and Mid-City, as well as the shops,
restaurants, and cultural landmarks of the Fairfax District. With its walkable location, excellent
connectivity, and timeless architectural appeal, 346 N Spaulding Ave represents a highly desirable
rental opportunity in one of Los Angeles’ most vibrant neighborhoods.
346 N Spaulding Ave represents a unique value-add opportunity for investors due to the property’s
location and rental upside. The property offers a initial CAP rate of 3.18% with the ability to improve
to a 6.33% CAP rate once units turnover.