Skip To Content

636 N Spaulding Ave

Los Angeles, CA 90036
  • $3,100,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 21-799834
UPDATED: 25 min ago
$3,100,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,234
    SQFT
  • $592
    $/SQFT
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

We are pleased to present an eight (8) unit apartment building located at 636-638 North Spaulding Avenue in Los Angeles, California. The subject property is situated in a prime Melrose / Fairfax location, south of Melrose Avenue and east of North Fairfax Avenue. Retail and restaurants draw a diverse crowd to the lively Fairfax District. Fairfax Avenue is one of the main north-south thoroughfares of Central Los Angeles; its five (5) mile length is home to city landmarks like the Los Angeles County Museum of Art, The La Brea Tar Pits and Museum, the original LA Farmers Market and The Grove, a posh shopping center. These landmarks are less than a ten (10) minute walk from the subject properties. The Grove outdoor mall features upscale shops, a fountain and a trolley car, while the historic Original Farmers Market offers casual eats. Along trendy Fairfax Avenue, long-standing Jewish businesses like Canters Deli share space with a number of cutting-edge streetwear designers. The walkable stretch of North Fairfax Avenue between Melrose Ave and Beverly Blvd, in particular, has emerged over the past few years as perhaps the most vibrant center of shopping and dining in the city. This stretch is a short five (5) minute walk from the subject properties and is home to some of Los Angeles most famous food and entertainment destinations. Some of these destinations include the Melrose Trading Post, Da Poetry Lounge, The Hundreds Clothing Store, RIPNDIP, Supreme, Dolls Kill, and Jon & Vinny's Fairfax. No need for a car in this area, residents enjoy having direct access to supermarkets, coffee shops, trendy restaurants and theaters, earning this area a walk score of 93. Built in 1925, this property contains a streamlined unit mix of eight (8) one bedroom / one bathroom units. This well-landscaped property features large bedrooms with walk-in closets, window A/C, and forced air heating. The property features a shared upstairs balcony and a shared but well-manicured driveway with the property next door. The renovated units feature stainless steel appliances, hardwood flooring throughout, and freshly painted walls, cabinetry, and crown molding. This unique building layout also includes on-site laundry facilities. With a walk score of 92, tenants will enjoy the incredible access to retail amenities on the famous Melrose and Fairfax Avenues. Some of the closest food stops include Agency Coffee, Bachi Yaki, Tutti Bene Pizza, Vurger Guyz, and Starbucks. Some of the closest retail stops include Headline Records, BANNED LA, Urban Outfitters, Matrix Theatre, Goorin Bros. Hat Shops, Atomic City, Timeless, The cool, Foot Locker, Wildstyle, and Shoe Palace. Families will enjoy being less than a quarter mile away from Fairfax High School, and being nearby many other high quality schools in the district. Situated in a prime Melrose / Fairfax location, this offering presents a rare opportunity to acquire a character, Spanish style building that hasn't been on the market in over forty (40) years.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T13:42:52.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/122851313
Print Image

636 N Spaulding Ave Los Angeles, CA 90036

  • Price: $3,100,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 25 min ago
  • MLS #: 21-799834
8
Beds
0
Baths
0
½ Baths
0.15
Acres
5,234
SQFT
$592
$/SQFT
1925
Built
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
Beverly Center-Miracle Mile
Property Description
We are pleased to present an eight (8) unit apartment building located at 636-638 North Spaulding Avenue in Los Angeles, California. The subject property is situated in a prime Melrose / Fairfax location, south of Melrose Avenue and east of North Fairfax Avenue. Retail and restaurants draw a diverse crowd to the lively Fairfax District. Fairfax Avenue is one of the main north-south thoroughfares of Central Los Angeles; its five (5) mile length is home to city landmarks like the Los Angeles County Museum of Art, The La Brea Tar Pits and Museum, the original LA Farmers Market and The Grove, a posh shopping center. These landmarks are less than a ten (10) minute walk from the subject properties. The Grove outdoor mall features upscale shops, a fountain and a trolley car, while the historic Original Farmers Market offers casual eats. Along trendy Fairfax Avenue, long-standing Jewish businesses like Canters Deli share space with a number of cutting-edge streetwear designers. The walkable stretch of North Fairfax Avenue between Melrose Ave and Beverly Blvd, in particular, has emerged over the past few years as perhaps the most vibrant center of shopping and dining in the city. This stretch is a short five (5) minute walk from the subject properties and is home to some of Los Angeles most famous food and entertainment destinations. Some of these destinations include the Melrose Trading Post, Da Poetry Lounge, The Hundreds Clothing Store, RIPNDIP, Supreme, Dolls Kill, and Jon & Vinny's Fairfax. No need for a car in this area, residents enjoy having direct access to supermarkets, coffee shops, trendy restaurants and theaters, earning this area a walk score of 93. Built in 1925, this property contains a streamlined unit mix of eight (8) one bedroom / one bathroom units. This well-landscaped property features large bedrooms with walk-in closets, window A/C, and forced air heating. The property features a shared upstairs balcony and a shared but well-manicured driveway with the property next door. The renovated units feature stainless steel appliances, hardwood flooring throughout, and freshly painted walls, cabinetry, and crown molding. This unique building layout also includes on-site laundry facilities. With a walk score of 92, tenants will enjoy the incredible access to retail amenities on the famous Melrose and Fairfax Avenues. Some of the closest food stops include Agency Coffee, Bachi Yaki, Tutti Bene Pizza, Vurger Guyz, and Starbucks. Some of the closest retail stops include Headline Records, BANNED LA, Urban Outfitters, Matrix Theatre, Goorin Bros. Hat Shops, Atomic City, Timeless, The cool, Foot Locker, Wildstyle, and Shoe Palace. Families will enjoy being less than a quarter mile away from Fairfax High School, and being nearby many other high quality schools in the district. Situated in a prime Melrose / Fairfax location, this offering presents a rare opportunity to acquire a character, Spanish style building that hasn't been on the market in over forty (40) years.
Exterior Features

Lot Description LandscapedSingle Lot Lot Location City Lot Size Area 6354 Other Structures None Parking Garage DrivewayParking SpaceUncovered Patio Features BalconyEnclosed Pool Description None Pool YN No Roof Clay Spa None Spa YN No Style Spanish Tennis Court None Total Parking 8

Interior Features

Bathroom Features Remodeled Baths Total 8.00 Bedroom Features Walkincloset Common Walls Attached Cooking Appliances Built-In GasBuilt-InsCooktop - GasMicrowaveOven Cooling Window Unit(S) Equipment Built-InsRange/OvenCeiling FanRefrigeratorWasherDryerMicrowave Flooring Hardwood Heating Forced Air Interior Features Crown MoldingsCommon WallsBuilt-Ins Kitchen Features Remodeled Laundry Laundry Area Windows Plantation Shutters

Property Features

Assessed Total Value 176640 Gross Income 159456 Gross Operating Income 159456 Land Lease Type Fee Like Units1 8 Net Operating Income 97411.00 Number Of Buildings 1 Number Of Units 8 Property Condition Updated/RemodeledRepair Cosmetic Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 57261 Type Of Units Market Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Jason Tuvia DRE#01772495 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T13:42:52.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-799834-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-799834-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-799834-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210