REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 2,095,000

Est. payment | -/mo

8 Beds

7 Baths

4,834 SqFt

Save

$ 2,095,000

Est. payment | -/mo

Save

8 Beds

7 Baths

4,834 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,834 sqft

Price per Sqft $433

MLS Listing ID 26919413

Bedrooms 8

HOA Y/N No

Year Built 1927

Lot Size 6,416 Sqft

Property Description

A rare opportunity to acquire a four-unit Spanish-style multifamily property offering strong income potential and meaningful upside in one of Los Angeles' most walkable residential neighborhoods. With one unit currently vacant, the property presents an immediate opportunity for either an investor or owner-user. Just a 10-minute walk from The Grove, 351 N Spaulding Avenue combines a highly desirable location with recent renovations, generous parking, and immediate flexibility. The property features four residential units with a distinctive Spanish-style exterior and thoughtful updates throughout. Three units have been fully renovated, with improvements including engineered hardwood flooring, updated windows, and an updated sewer system. Well-maintained landscaping and mature greenery enhance the property's street presence, while eight parking spaces provide exceptional off-street parking for such a pedestrian-friendly location. The surrounding neighborhood further elevates the property's appeal. The Grove, Erewhon, and an extensive selection of restaurants, shops, coffee shops, and everyday amenities are all within easy walking distance. The area offers a rare combination of convenience and residential character, appealing to both families and younger professionals. With one vacant unit, the property offers flexibility for a range of strategies. Investors can benefit from strong rental demand and potential for continued rent growth, while owner-users can occupy one unit and generate income from the remaining three. With its Spanish-style character, substantial recent improvements, eight parking spaces, and proximity to The Grove, 351 N Spaulding Avenue presents a compelling multifamily opportunity in the heart of Los Angeles.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LARD1.5

Interior

Heating Central

Fireplace No

Appliance Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Shared Driveway, Uncovered

View Y/N No

View None

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5527040011

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ryan Jancula Compass #01904981

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

351 N Spaulding AVE Los Angeles, CA 90036

Drake Cruz

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

351 N Spaulding AVE