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Multifamily

610 N Spaulding Ave

610 N Spaulding Ave, Los Angeles, CA 90036

Listing Price: $1,635,000

Cap Rate
5.85%
Number of Units
5
GRM
11.65
Price/Unit
$327,000
Price/Gross SF
$437.40
Gross SF
3,738

Investment Overview

This property presents a strong investment opportunity in the heart of the Fairfax district, featuring a Walk Score of 95 and close proximity to some of Los Angeles’ most popular attractions, which helps drive consistent tenant demand and high retention. The asset has been under the same ownership since 2007, demonstrating a track record of stable management and ongoing upkeep that supports long-term value. Investors also have the opportunity to unlock approximately 25% upside by renovating units over time, enhancing both rental income and overall property appeal. Supported by affluent local demographics and a dynamic rental market, this property is well-positioned to deliver steady cash flow and long-term appreciation.

Investment Highlights

  • Value-add investment upside: ~25% potential increase through unit renovations, supported by affluent local demographics and a strong rental market.
  • Stable, long-term ownership: Consistently managed since 2007, reflecting reliable upkeep and enduring property value.
  • Prime, high-demand location: In the heart of Fairfax near major attractions, with a Walk Score of 95 driving strong tenant demand, convenience, and retention.

Exclusively Listed By

  • Sam Liberow

    Senior Managing Director Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Financing By

Multifamily

610 N Spaulding Ave

Listing Price: $1,635,000

Cap Rate
5.85%
Number of Units
5
GRM
11.65
Price/Unit
$327,000
Price/Gross SF
$437.40
Gross SF
3,738

Investment Highlights

  • Value-add investment upside: ~25% potential increase through unit renovations, supported by affluent local demographics and a strong rental market.
  • Stable, long-term ownership: Consistently managed since 2007, reflecting reliable upkeep and enduring property value.
  • Prime, high-demand location: In the heart of Fairfax near major attractions, with a Walk Score of 95 driving strong tenant demand, convenience, and retention.

Investment Overview

This property presents a strong investment opportunity in the heart of the Fairfax district, featuring a Walk Score of 95 and close proximity to some of Los Angeles’ most popular attractions, which helps drive consistent tenant demand and high retention. The asset has been under the same ownership since 2007, demonstrating a track record of stable management and ongoing upkeep that supports long-term value. Investors also have the opportunity to unlock approximately 25% upside by renovating units over time, enhancing both rental income and overall property appeal. Supported by affluent local demographics and a dynamic rental market, this property is well-positioned to deliver steady cash flow and long-term appreciation.

Exclusively Listed By

  • Sam Liberow

    Senior Managing Director Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Financing By

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