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530 N Spaulding Ave, Los Angeles, CA 90036
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530 N Spaulding Ave Los Angeles, CA 90036

$3,200,000 Sold Price as of 07/21/2022
  • 12 Beds
  • 8 Baths
  • 4,336 Sq.Ft.
Sold
$3,200,000 Sold Price as of 07/21/2022 Refinance Your Mortgage
Map preview of 530 N Spaulding Ave, Los Angeles, CA 90036

Property Overview: 530 N Spaulding Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 4,336 living square feet and 6,355 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Michael Sterman | BRE #01911703 | Marcus & Millichap
Last checked: 11 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 91

Home details

Lot Sq. Ft
6,355
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22126783
City
Los Angeles
County
Los Angeles
Time on Site
822 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,345
  • Total Rent: $17,380
  • Pro Forma/Market Rent: $17,980
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.38
  • Gross Scheduled Income: --
  • Net Operating Income: $144,758
  • Gross Operating Income: $217,776
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 530 N Spaulding Ave

Interior Features
Heating Information
  • Has Heating
  • Combination
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 5527025019
Location / Neighborhood
Location Information
  • Directions: On Spaulding in between Clinton and Rosewood Ave
View more facts & features

Local Los Angeles Agent

Sale History for 530 N Spaulding Ave

Last sold for $3,200,000 on July 21st, 2022

  • July, 2022

  • Jul 21, 2022

    Date

    Sold

    CRMLS: 22126783

    $3,200,000

    Price

  • Feb 10, 2022

    Date

    Active

    CRMLS: 22126783

    $3,350,000

    Price

  • July, 2020

  • Jul 16, 2020

    Date

    Sold

    CRMLS: 20567618

    $1,600,000

    Price

  • Jun 18, 2020

    Date

    Pending

    CRMLS: 20567618

    $1,950,000

    Price

  • Jun 5, 2020

    Date

    Price Change

    CRMLS: 20567618

    $1,950,000

    Price

  • May 20, 2020

    Date

    Active Under Contract

    CRMLS: 20567618

    $2,150,000

    Price

  • Mar 30, 2020

    Date

    Active

    CRMLS: 20567618

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    is pleased to present 530 N Spaulding Ave featuring 4,336 square feet of building area sitting on a 6,355 square foot lot. Charming Spanish type 20s building. This spacious fourplex located in the highly sought after Fairfax district. With The Grove just minutes away and Melrose down the street, it is a walkers paradise with a walk score of 93. Very densely populated area with low vacancy rates and a great rental growth market.Great investment or owner use property. This property is located in the sub market of Los Angeles known as the Fairfax District. The property is south of Melrose Avenue, North of Beverly Boulevard, West of La Brea Avenue and East of Fairfax Avenue. This property features 4,336 square feet of building area on a 6,355 square foot lot. Very low vacancy rates in the area. The property is not subject to the Los Angeles Soft-Story Retrofit Program.***PLEASE DO NOT DISTURB TENANTS OR VISIT THE PROPERTY

  • July, 2020

  • Jul 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,600,000

    Price

  • July, 2019

  • Jul 18, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 530 N Spaulding Ave

Assessed Value (2020): $1,739,587
Year Land Value Improved Value Assessed Value
2020 $1,304,692 $434,895 $1,739,587

Home Value Compared to the Market

This property vs the competition

530 N Spaulding Ave sold on July 21, 2022 for 181.51% 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 $772.6 per/sqft which puts the price per square foot 2.33% higher than the current median sale per square foot for the city of Los Angeles.

About 530 N Spaulding Ave

Detailed summary of property

530 N Spaulding Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 4,336 living square feet, and sits on an approximately 6,355 square foot lot. 530 N Spaulding Ave was first listed on ArdentRealEstateGroup.com on February 11, 2022. The homeowner sold the property for $3,200,000. 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 181.51% higher than the current median priced home. Local homes that are currently for sale include 322 S Swall Dr, 1974 Hillcrest Rd and 444 N Lucerne Blvd. While the average home in Los Angeles, CA is selling in 93 days, 530 N Spaulding Ave has a days on market of 91 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 530 N Spaulding Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 530 N Spaulding Ave

Public county record property details
Beds
8
Baths
4
Year built
1924
Sq. Ft.
4,336
Lot Size
6,355
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
665
APN
5527-025-019

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,875,000
Median List Price/Sq.Ft.
$859
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
52
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Recently Sold Homes Near 530 N Spaulding Ave

516 N Spaulding Ave, Los Angeles, CA 90036
$1,760,077 Last Sold Price
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4 Baths
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516 N Spaulding Ave
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512 N Spaulding Ave, Los Angeles, CA 90036
$2,050,000 Last Sold Price
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512 N Spaulding Ave
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606 N Spaulding Ave, Los Angeles, CA 90036
$2,225,000 Last Sold Price
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606 N Spaulding Ave
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542 N Genesee Ave, Los Angeles, CA 90036
$1,530,000 Last Sold Price
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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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