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636 N Spaulding Avenue

Los Angeles (City), CA 90036
  • $3,100,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 21799834
UPDATED: 36 min ago
$3,100,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing provided courtesy of Jason Tuvia of Marcus & Millichap

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122853521
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636 N Spaulding Avenue Los Angeles (City), CA 90036

  • Price: $3,100,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 36 min ago
  • ID#: 21799834
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1925
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - 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

Architectural Style Spanish Lot Features Landscaped Parking Features DrivewayOne SpaceUncovered Parking Total 8 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances Built-InGas CooktopMicrowaveOvenRefrigeratorDryerWasher Flooring Wood Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(S)Crown Molding Window Features Plantation Shutters

Property Features

Association Fee 0 Gross Income 159456 Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 97411 New Construction YN No Possession Close Of Escrow Property Condition Repairs CosmeticUpdated/Remodeled Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Jason Tuvia of Marcus & Millichap