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1705 S Spaulding Ave, Los Angeles, CA 90019
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1705 S Spaulding Ave Los Angeles, CA 90019

$1,750,000 Sold Price as of 01/05/2022
  • 6 Beds
  • 5 Baths
  • 2,857 Sq.Ft.
Sold
$1,750,000 Sold Price as of 01/05/2022 Refinance Your Mortgage
Map preview of 1705 S Spaulding Ave, Los Angeles, CA 90019

Property Overview: 1705 S Spaulding Ave Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,857 living square feet and 3,725 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This triplex in the heart of Los Angeles consists of three remodeled units. Great for an investment to buy and hold or as an owner user to live and a highly desirable two bedroom unit and have your expenses be below current market rents while building equity. Tenants are paying market rents and all rents have been collected for multiple years for two units at current market value. This property consists of a three bedroom front unit that has no common walls and a private patio. The kitchen has stainless steel appliances and was remodeled in 2016. The two bedroom unit is upstairs and has an oversized outdoor rooftop patio. The kitchen has stainless steel appliances and quartz counter tops. Hardwood flooring throughout the unit with central AC, Laundry, office nook and remodeled bathrooms. The one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Three car garage with storage units gives each tenant one parking spot.

Listed by Robert Crawford | BRE #01956587 | WE ARE REALTY INC
Last checked: 4 minutes ago | Last updated: September 21st, 2023 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
3,725
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21100493
City
Los Angeles
County
Los Angeles
Time on Site
930 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,799
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,799
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,379
  • Total Rent: $2,379
  • Pro Forma/Market Rent: $2,380
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,588
  • Total Rent: $3,588
  • Pro Forma/Market Rent: $3,588
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.78%
  • Gross Rent Multiplier: 16.63
  • Gross Scheduled Income: --
  • Net Operating Income: $87,056
  • Gross Operating Income: $117,178
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1705 S Spaulding Ave

Interior Features
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Three Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5069007008
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: -
View more facts & features

Local Los Angeles Agent

Sale History for 1705 S Spaulding Ave

Last leased for $3,850 on June 23rd, 2023

  • June, 2023

  • Jun 23, 2023

    Date

    Leased

    CRMLS: 23269883

    $3,850

    Price

  • May 12, 2023

    Date

    Active

    CRMLS: 23269883

    $3,950

    Price

  • Listing provided courtesy of CRMLS

    This newly renovated gem in one of the best locations in town. Centrally situated just minutes from Century City, Beverly Hills and Culver City. This 3 bedroom 2 bathroom and a private fenced-in outdoor deck apt feels like a house. Kitchen features stainless steel appliances, abundance of built in cabinets and a breakfast bar. Large Living room and dining area. The primary bedroom with en-suite bathroom features his and her sinks, and separate shower and bath. Large closets. The parking garage allows you to park 1 car. Plenty of street parking. Light and Airy. Central Air and Heat, everything you need in LA. The unit is part of a 3 unit building. Corner unit with only one rear wall attached to another unit. Freshly Painted, new window treatments, Washer and dryer. Easy access to 10 fwy.

  • May, 2022

  • May 23, 2022

    Date

    Leased

    CRMLS: 22153765

    $1,995

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: 22153765

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    One story, one bedroom one bath unit. Located in a triplex building, centrally located in the heart of Los Angeles. This one bedroom unit has a mini-split HVAC system. completely remodeled bathroom and kitchen. Wooden floors. Tiled bath and kitchen. The kitchen features granite countertops, stainless steel refrigerator, stove, oven, dishwasher and microwave. Wall A/C in the bedroom. Double mirrored large closets. Linen Cabinets and guest closet. Close proximity to Kaiser Permanente, transportation, Culver City, Beverly Hills, DTLA, shopping and Restaurants.

  • May, 2022

  • May 3, 2022

    Date

    Canceled

    CRMLS: 22128119

    $1,995

    Price

  • Feb 15, 2022

    Date

    Active

    CRMLS: 22128119

    $2,275

    Price

  • Listing provided courtesy of CRMLS

    One story, one bedroom one bath unit. Located in a triplex building, centrally located in the heart of Los Angeles. This one bedroom unit has a mini-split HVAC system. completely remodeled bathroom and kitchen. Wooden floors. Tiled bath and kitchen. The kitchen features granite countertops, stainless steel refrigerator, stove, oven, dishwasher and microwave. Wall A/C in the bedroom. Double mirrored large closets. Linen Cabinets and guest closet. Close proximity to Kaiser Permanente, transportation, Culver City, Beverly Hills, DTLA, shopping and Restaurants.

  • February, 2022

  • Feb 15, 2022

    Date

    Canceled

    CRMLS: 22118305

    $2,275

    Price

  • Jan 14, 2022

    Date

    Active

    CRMLS: 22118305

    $2,368

    Price

  • Listing provided courtesy of CRMLS

    One bedroom one bath unit a triplex building, centrally located in the heart of Los Angeles. This one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Wooden floors. Tiled bath and kitchen. The kitchen features granite countertops, stainless steel refrigerator, stove, oven, dishwasher and microwave. Wall A/C in the bedroom. Double mirrored large closets. Linen Cabinets and guest closet. Close proximity to transportation, Culver City, Beverly Hills, DTLA, shopping and Restaurants.

  • January, 2022

  • Jan 5, 2022

    Date

    Sold

    CRMLS: 21100493

    $1,750,000

    Price

  • Oct 29, 2021

    Date

    Active

    CRMLS: 21100493

    $1,849,000

    Price

  • December, 2021

  • Dec 1, 2021

    Date

    Expired

    CRMLS: 21787644

    $3,699

    Price

  • Sep 24, 2021

    Date

    Active

    CRMLS: 21787644

    $3,799

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your new home. This two bedroom, two bath unit is centrally located on a quiet street in the Pickfair Village area of Los Angeles, minutes from Beverly Hills, Culver City, Santa Monica, LAX and Downtown. This second floor unit was completely remodeled in 2017 and is the nicest of the three units in this triplex. Walking into this unit gives an open floor plan with hardwood laminate floors, LED lighting and a desk nook in the hallway. The kitchen has plenty of storage, stone counters and stainless steel appliances including laundry machines. The master bedroom is a large size with oversized master bathroom. The best part of this unit, is the oversized private rooftop patio which is perfect for entertaining friends. Schedule a tour of this unit today!

  • July, 2021

  • Jul 6, 2021

    Date

    Active

    CRMLS: 21757028

    $1,949,000

    Price

  • Listing provided courtesy of CRMLS

    Fully occupied, cash-flow triplex in the heart of Los Angeles. This triplex consists of three remodeled units. Tenants are paying market rents and all rents have been collected for multiple years. This property consists of a three bedroom front unit that has no common walls and a private patio. The kitchen has stainless steel appliances and was remodeled in 2016. The two bedroom unit is upstairs and has a oversized outdoor rooftop patio. The kitchen has stainless steel appliances and quartz counter tops. Hardwood flooring throughout the unit with central AC, Laundry, office nook and remodeled bathrooms. The one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Three car garage with storage units gives each tenant one parking spot.

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: 18409562

    $3,600

    Price

  • Dec 14, 2018

    Date

    Price Change

    CRMLS: 18409562

    $3,600

    Price

  • Nov 20, 2018

    Date

    Active

    CRMLS: 18409562

    $3,695

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this newly remodeled home featuring three bedrooms, two bathrooms and a private outdoor patio. The home is part of a quiet three unit building. This unit has no neighbors above or around the unit to give you extra privacy. The kitchen features granite countertops, stainless steel refrigerator, stove, oven, dishwasher and microwave. Central air conditioning and heating allows this home to suit your needs all year. The master bedroom has a private bathroom and it's own sliding door to the backyard side alley. This location cannot be beat as it's central to the entire city. Go north to reach Beverly Hills in minutes, south to spend a night eating at the restaurants in Culver City or west to visit the beach just minutes away. This home has everything you need, ready to make your move?

  • June, 2017

  • Jun 12, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2017

  • Apr 25, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,621,000

    Price

Show More

Tax History for 1705 S Spaulding Ave

Assessed Value (2020): $1,721,357
Year Land Value Improved Value Assessed Value
2020 $1,189,613 $531,744 $1,721,357

Home Value Compared to the Market

This property vs the competition

1705 S Spaulding Ave sold on January 5, 2022 for 55.38% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $647.18 per/sqft which puts the price per square foot 14.28% lower than the current median sale per square foot for the city of Los Angeles.

About 1705 S Spaulding Ave

Detailed summary of property

1705 S Spaulding Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 2,857 living square feet, and sits on an approximately 3,725 square foot lot. 1705 S Spaulding Ave was first listed on ArdentRealEstateGroup.com on October 30, 2021. The homeowner sold the property for $1,750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 55.38% higher than the current median priced home. Local homes that are currently for sale include 1125 Hi Point St, 1831 S Redondo Blvd and 1132 S Crescent Heights Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1705 S Spaulding Ave has a days on market of 17 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1705 S Spaulding Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1705 S Spaulding Ave

Public county record property details
Beds
5
Baths
5
Year built
1963
Sq. Ft.
2,857
Lot Size
3,725
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5069-007-008

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1705 S Spaulding Ave

1642 S Spaulding Ave, Los Angeles, CA 90019
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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