610 N Spaulding Ave offers a rare opportunity to invest in a well-maintained property with proven stability, having been under the same dedicated ownership since 2007. This long-term stewardship reflects consistent management and care, ensuring enduring value. Ideally situated in the heart of the Fairfax District of Los Angeles’ most vibrant cultural hubs the property enjoys proximity to iconic destinations like The Grove, the Original Farmers Market, and Melrose Avenue. Beyond its exceptional location, the property presents investors with meaningful value-add potential. Approximately 25% rental upside can be unlocked through strategic unit renovations as vacancies arise, offering a clear path to increased returns. The surrounding area is defined by desirable demographics, with an average household income nearing $126K within a one-mile radius, signaling strong purchasing power and sustained demand for quality housing. Altogether, 610 N Spaulding Ave represents a compelling investment opportunity, combining long-term stability, walkability, upside potential, and a prime position in one of L.A.’s most dynamic rental markets.
Property Details
Price:
$1,895,000
MLS #:
25520607
Status:
Active
Baths:
0
Address:
610 N Spaulding Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
90036
Lot Size:
6,356 sqft / 0.15 acres (approx)
Year Built:
1939
Schools
Interior
Fireplace Features
None
Heating
Wall Furnace
Exterior
Foundation Details
Raised
Parking Spots
5.00
Stories Total
2
Financial
Tenant Pays
Trash Collection, Electricity, Gas
Map
Contact Us
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610 N Spaulding Avenue
Los Angeles, CA
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