2217 S Spaulding Avenue, Los Angeles, CA 90016
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Sold for $54,000 Above Asking!
Great 4 unit apartment building in the Washington/Fairfax area - Just North of Washington Blvd., East of Fairfax Ave, South of Venice Blvd., and close to I-10. All 2 bedroom 2 bath units. PROBATE Sale subject to Court Confirmation. For Sale AFTER 21 years. Sold As Is and Where Is. 3 of the 4 units upgraded and rented in the past year. New exterior paint and wood siding. New iron fence around the property. Separate;y metered for electricity and gas. High demand rental area. Close to West LA Kaiser Permamnente and West LA LADWP Center.
| Property Highlights | |
|---|---|
| Street | 2217 S Spaulding Avenue |
| City | Los Angeles |
| State | CA |
| Zip | 90016 |
| Status | Sold |
| Property Type | Multi-family |
| Asking Price | $795,000 |
| Sold Price | $849,000 |
| Year Built | 1964 |
| Building Sq Ft | Approx 4,009 |
| Number of units | 4 |
| CAP Rate | 4.62% |
| GRM | 12.61 |
| Value per Square Feet | $198.30 |
| Broker Name | Vinny Jain |
| Telephone | (310) 997-2552 |
| Vjain@iagpm.com | |
| Brochure file |
 2217 S Spaulding Ave. Analyses_06-15-15.pdf
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