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1133 S Spaulding Ave APT 4, Los Angeles, CA, 90019

--beds
0baths
6,841sqft
$2,700,000
$395price/sqft
$17,134/moest. monthly cost
$685,360/yrincome needed

About This Home

1133 S. Spaulding Avenue is a seven-unit apartment building in the heart of Mid-Wilshire presenting an exceptional value-add opportunity with 71% current vacancy. The unit mix consists of three 1-bed/1-bath and four 2-bed/1.75-bath units. The property features oversized units averaging 977 square feet with private patios or balconies substantially larger than typical Mid-Wilshire offerings. Built mid-century with stucco construction, the property benefits from completed capital expenditures including a roof that was replaced approximately 15 years ago and is currently in excellent condition, full soft-story seismic retrofit, earthquake shutoff valves installed in 2020, and comprehensive water copper re-piping in 2010. The two-story configuration provides superior parking with seven spaces (1:1 ratio) including front tuck-under and tandem spaces plus four rear tuck-under spaces via alley access. Units feature security screen doors, wall A/C units, and wood floors.

Getting Around

91
WalkingWalker's Paradise
61
TransitGood Transit
63
BikeBikeable

Schools

7/10
5/10

Construction

Condition

  • Year built: 1957

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 6,841
  • Total interior livable area: 6,841 sqft

Property

Details

  • Zoning: LAR3
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Multi/Split

Lot

  • Lot size: 6,878 sqft

Parking

  • Parking features: Covered