$1,695,000
1436 S Spaulding Avenue Los Angeles, CA 90019
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$1,695,000
Est. payment /mo
5 Beds
3,004 SqFt
UPDATED:
11/12/2024 11:08 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,004 sqft
Price per Sqft $564
MLS Listing ID CRSR24173983
Bedrooms 5
HOA Y/N No
Year Built 1936
Lot Size 10,404 Sqft
Acres 0.24
Property Description
Prime DUPLEX Investment & Owner-Occupancy Opportunity in PicFair Village. 1436 & 1438 S Spaulding Avenue is located just steps from Pico and Crescent Heights, this duplex offers a unique blend of charm, versatility, and significant investment potential. Situated on a 10,404 sq. ft. lot, the property is ideal for owner-occupants, investors, or developers looking to capitalize on the area's rapid growth. Spacious Duplex: Each unit spans approximately 1,500 sq. ft., providing flexible and comfortable living spaces. The top unit is currently occupied on a month-to-month lease, offering immediate rental income, the bottom unit will be delivered VACANT and ready for occupancy, perfect for an owner or new tenant. Bonus Studio Unit: The lower unit includes a separate basement studio with its own entrance, bathroom, and kitchenette, making it ideal for guests, additional rental income, or a private workspace. ADU Potential: With over 10,400 sq. ft. of land, this lot is ideal for further development. There’s potential to add two additional ADUs and convert the existing garage, which already has a new roof. Additional ADUs offer significant future income potential and value growth. Ample Parking: Rare for Los Angeles, this property includes a 3-car garage plus additional parking for 8 or
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Fireplace No
Laundry Inside
Exterior
Exterior Feature Back Yard, Front Yard
Total Parking Spaces 3
Building
Lot Description Back Yard, Front Yard
New Construction No
Others
Tax ID 5069011018
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Listed by Karo Karapetyan • Blackstone Estates, Inc.
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122