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610 N Spaulding Ave Los Angeles, CA, 90036
$1,950,000 $150,000 Commercial for sale Other
Positioned in the vibrant heart of the Fairfax district, 610 N Spaulding Ave transcends mere investment it serves as a gateway to Los Angeles' cultural epicenter. Its prime location offers a blend of excitement and convenience, with iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, along with numerous eclectic boutiques, driving high tenant demand and premium rental rates. With an impressive Walk Score of 95, this property caters to modern lifestyle preferences, prioritizing convenience and community engagement. Tenants enjoy the freedom to stroll to nearby attractions, enhancing tenant retention rates and property desirability for investors. Seize the opportunity to unlock hidden value and maximize returns by renovating units over time, elevating profitability and tapping into the ever-evolving rental market of Los Angeles. Reflecting the area's affluent demographic and strong purchasing power, the Fairfax district boasts a robust average household income of nearly 140K within a mile of the property, contributing to a favorable investment climate and sustained demand for quality rental accommodations. Overall, 610 N Spaulding Ave presents a compelling investment opportunity, characterized by long-term ownership, prime location, exceptional walkability, and pro
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Property details
3,738 sqft interior area
Land area
6,354 sqft (0.15 acres)
Days on Verhouse
57
Address
610 N Spaulding Ave, Los Angeles, CA, 90036
City of California
Los Angeles
County
Los Angeles
Previous price
$2,100,000
Year Built
1939
District
Listing
Nearby major retailers
Albertsons
Trader Joe's
Whole Foods Market
T-Mobile
Gucci
Tom Ford
Toyota
Supermarket: 12
Mobile phone: 6
Clothes: 2
Car repair: 1
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Interior Features
—
Garage & Parking
None
Listed by
Saadia 'sam' Liberow, Marcus & Millichap
Name
Saadia 'sam' Liberow
License number
01933858
Brokerage company
Marcus & Millichap
MLS #
CL24371815
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Calculate your monthly payments
Mortgage
$5,987
Taxes
$0
HOA dues
$0
Mortgage
$390,000 / 20%
2.28%
30 years
Your amount
$5,987 / month
Lot details
TMK #5527023016
Parcel nr.
5527023016
90036 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90036
34%
Families with children
National average: 39%
61%
Non family households
493,792
Population
$118,253
Average Income
Age & gender
Median age 39 years
More info
Commute types
74% commute by car
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Education level
36% have bachelor education
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Number of employees
1% work in retail trade
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Vehicles available
52% have 1 vehicle
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Vehicles by gender
52% have 1 vehicle
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Housing market insights for
$2.31m
Neighborhood average
sales price*
sales price*
$1.6m
Neighborhood median
sales price*
sales price*
852
Number
of sales*
of sales*
Housing type
35% are apartments
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Rooms
38% of the houses have 2 or 3 rooms
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Bedrooms
44% have 2 or 3 bedrooms
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Owners vs Renters
71% are renters
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16.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease May 15, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 15, 2024 | Price Decrease | $1,950,000 -7.14% | 0 | MLS #CL24371815 |
| Mar 22, 2024 | New Listing | $2,100,000 | 0 | MLS #CL24371815 |
Taxes of 610 N Spaulding Ave, Los Angeles, CA, 90036
LARD zoning / MLS #CL24371815
Zoning
LARD
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Frequently Asked Questions about 610 N Spaulding Ave
What is 610 N Spaulding Ave?
610 N Spaulding Ave is a Commercial/Industrial propertywith 3,738 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
610 N Spaulding Ave, Los Angeles, CA, 90036.
What comparable properties are nearby?
Comparable nearby commercial properties include 642 N Hayworth Ave, 648 N Hayworth Ave, 606 N Sycamore Ave, 7401 Fountain Ave, 1252 N Mansfield Ave, 648 S Dunsmuir Ave.
Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 15, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Whole Foods Market, 0.68 miles away and Trader Joe's, 0.76 miles away.
The 90036 zip area has a population of 493,792, and 34% of the families have children. The median age is 39.03 years and 74% commute by car. The most popular housing type is "apartment" and 71% is renter.
