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$ 1,695,000
Est. payment /mo
Contingent
1436 S Spaulding AVE Los Angeles, CA 90019
10,404 Sqft Lot
UPDATED:
10/30/2024 02:39 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSR24173983
Originating Board California Regional MLS
Year Built 1936
Lot Size 10,404 Sqft
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
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry Other
Exterior
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 5069011018
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Karo Karapetyan • Blackstone Estates, Inc.