506 North Spaulding Avenue

Los Angeles, CA 90036

$3,495,000
Price
8
Beds
8
Baths
4,710 Sq. Ft.
$742 / Sq. Ft.
4,710
Sq. Ft.
$742
per Sq. Ft.

Description

Gorgeous and charming Spanish-style 4-Unit gem in the heart of the highly sought after Fairfax District. Nestled on a picturesque and quiet street, this property offers timeless elegance with the perfect blend of original character and modern conveniences. Completely and tastefully remodeled down to the studs, each sun-drenched unit features spacious living and dining areas, showcasing beautiful architectural details throughout. Enjoy the comfort of air conditioning, the convenience of in-unit laundry,...Gorgeous and charming Spanish-style 4-Unit gem in the heart of the highly sought after Fairfax District. Nestled on a picturesque and quiet street, this property offers timeless elegance with the perfect blend of original character and modern conveniences. Completely and tastefully remodeled down to the studs, each sun-drenched unit features spacious living and dining areas, showcasing beautiful architectural details throughout. Enjoy the comfort of air conditioning, the convenience of in-unit laundry, and the added benefit of a private garage for each unit. One unit can be delivered vacant, presenting an ideal owner/user opportunity. Not to mention previous approved plans included a recreation room or potential ADU above the garages, adding even more value and flexibility to this exceptional property. Located just minutes from The Grove, CBS Studios, Melrose Avenue, Beverly Center, and the vibrant nightlife of West Hollywood, this property is perfectly situated in one of LA's most dynamic neighborhoods. Don't miss out on this incredible investment opportunity in one of Los Angeles' most vibrant and desirable areas!
  1. Listed by Jaclyn Naidoo • DRE #01974475 • Brokerage DRE #00858724 • Rodeo Realty
  2. Listed by Alec Traub • DRE #01403054 • Brokerage DRE #00858724 • Rodeo Realty

Property Details for 506 North Spaulding Avenue

Zoning
LARD1.5
Style
Spanish
Parcel Number
5527025015
Total Units
4.0
Living Area
4710
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
25%
LISTING UPDATED: 08/20/2024 12:01 AM

Property Details for 506 North Spaulding Avenue

StatusActive
MLS #24-426975
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.15 AC / 6,361 SF
CountyLos Angeles County

Building Information for 506 North Spaulding Avenue

Stories2Residences-Year Built1926Building Size-Lot Size0.15 AC / 6,361 SF

Property Information for 506 North Spaulding Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Rental
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.146
  • Lot Size Square Feet: 6361
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-12-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,634.80
  • Unit Actual Rent: $3,634.80
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,275.00
  • Unit Actual Rent: $4,725.00
  • Unit Projected Rent: $4,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,045.00
  • Unit Actual Rent: $4,045.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Dishwasher: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $371,321.00
  • Assessed Improvement Percent: 27.27
  • Assessed Land Value: $990,204.00
  • Assessed Land Percent: 72.73
  • Assessed Total Value: $1,361,525.00

Property History for 506 North Spaulding Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 506 North Spaulding Avenue

Taxable ValueLand$1,010,008Additions$378,747Total$1,388,755
Tax Record2024$17,284 ($1,440 / month)
Home Facts
Total Finished SqFt4,710 SqFtAbove Grade Finished SqFt4,710 SqFtLot Size6,359 SqFtStyleQuadraplexYear Built1926ZoningLARD1.5CountyLOS ANGELESAPN5527-025-015

Schools near 506 North Spaulding Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

Whitman Continuation School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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506 North Spaulding Avenue is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on August 12, 2024 by Rodeo Realty, it's currently listed at $3,495,000. It has been on the market for a total of 90 days and was last sold on May 20, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and Whitman Continuation School. 506 North Spaulding Avenue is a 8-bed, 8-bath, 4,710 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rodeo Realty, Jaclyn Naidoo, DRE #01974475; Rodeo Realty, Alec Traub, DRE #01403054

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.