Residential Income - WEST HOLLYWOOD, CA Located in a prime West Hollywood pocket, 1 Block North of Santa Monica Blvd, 1116 N. Spaulding is a ten-unit value-add multifamily property minutes from several neighborhood hubs including Fairfax Ave, La Brea and SM Blvd. This value-add property features (2) 2-Bdrm and 2-Bath units and (8) 1-Bdrm units. Please note, each ground-floor unit features a private patio. 1116 N. Spaulding presents a significant value-add opportunity, as current rents are approx. 53% below market rates compared to renovated units in the area. This corner lot property with alley access features a gated subterranean parking garage with 8 parking spaces, an additional parking area with 5 spaces, a community laundry room and a new roof installed in the last 5 years (per management). 1116 N. Spaulding is offered in conjunction with the sale of a Spanish-style fourplex near The Grove, 422 N. Spaulding (can be purchased separately).
Days On Market
August 4, 2022
Approx. Lot Size
Wall Unit(s) A/C
Covered; Gated; 13 spaces
MultiFamily; Single Family Attached
Offered By: Kenny Stevens
Data Provided by Combined LA Westside Multiple Listing Service, Inc
Anne of Green Gables
ESPN, CPN, ASP
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