Listing Detail

IAG

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
Email Vjain@iagpm.com
Brochure file Download 2217 S Spaulding Ave. Analyses_06-15-15.pdf
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