610 N Spaulding Avenue
Los Angeles, CA 90036
- – beds
- – baths
- – sqft
- 6,354 sqft lot
- 1939 build
- – on site
Positioned in the vibrant heart of the Fairfax district, 610 N Spaulding Ave transcends mere investment it serves as a gateway to Los Angeles' cultural epicenter. Its prime location offers a blend of excitement and convenience, with iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, along with numerous eclectic boutiques, driving high tenant demand and premium rental rates. With an impressive Walk Score of 95, this property caters to modern lifestyle preferences, prioritizing convenience and community engagement. Tenants enjoy the freedom to stroll to nearby attractions, enhancing tenant retention rates and property desirability for investors. Seize the opportunity to unlock hidden value and maximize returns by renovating units over time, elevating profitability and tapping into the ever-evolving rental market of Los Angeles. Reflecting the area's affluent demographic and strong purchasing power, the Fairfax district boasts a robust average household income of nearly 140K within a mile of the property, contributing to a favorable investment climate and sustained demand for quality rental accommodations. Overall, 610 N Spaulding Ave presents a compelling investment opportunity, characterized by long-term ownership, prime location, exceptional walkability, and promising upside potential through renovations, making it an attractive option for investors aiming to capitalize on the dynamic Los Angeles real estate market.
Listed By CRMLS_CA / Saadia 'Sam' Liberow / Marcus & Millichap
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Last updated Mar 30, 2024
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MLS# 24371815 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/22/24
Mar 22, 2024
|
Listed / Active | CRMLS_CA | $2,100,000 | |
9/29/22
Sep 29, 2022
|
Listed / Active | CRMLS_CA |