1436 S Spaulding Avenue, Los Angeles, CA 90019 | MLS SR24173983 | Listing Information | Nestfully
Listing Agent: Karo Karapetyan - Blackstone Estates, Inc., 310-435-8179
FOR SALE
$1,785,000

1436 S Spaulding Avenue
Los Angeles, CA 90019

3,004
Sq. Ft.
0.2388
Acres Lot
Duplex
33 days on Nestfully 3 views
Prime DUPLEX Investment & Owner-Occupancy Opportunity in PicFair Village. 1436 & 1438 S Spaulding Avenue is located just steps from Pico and Crescent Heights, this duplex offers a unique blend of charm, versatility, and significant investment potential. Situated on a 10,404 sq. ft. lot, the property is ideal for owner-occupants, investors, or developers looking to capitalize on the area's rapid growth. Spacious Duplex: Each unit spans approximately 1,500 sq. ft., providing flexible and comfortable living spaces. The top unit is currently occupied on a month-to-month lease, offering immediate rental income, the bottom unit will be delivered VACANT and ready for occupancy, perfect for an owner or new tenant. Bonus Studio Unit: The lower unit includes a separate basement studio with its own entrance, bathroom, and kitchenette, making it ideal for guests, additional rental income, or a private workspace. ADU Potential: With over 10,400 sq. ft. of land, this lot is ideal for further development. There s potential to add two additional ADUs and convert the existing garage, which already has a new roof. Additional ADUs offer significant future income potential and value growth. Ample Parking: Rare for Los Angeles, this property includes a 3-car garage plus additional parking for 8 or more vehicles, making it highly desirable for residents and tenants alike. Development Potential: Beyond the ADUs, the expansive lot offers substantial upside for further development in a neighborhood that continues to increase in value. PicFair Village: Known for its central location and blend of historical charm with modern amenities, PicFair Village is one of Los Angeles' most up-and-coming neighborhoods. The area is undergoing revitalization along Pico Boulevard, attracting trendy cafes, restaurants, and boutique shops. Residents enjoy easy access to major shopping and dining hubs and proximity to top-rated schools, making it a sought-after location for many buyers. Why This Property? Whether you re looking to live in one unit while generating rental income from the other, invest in a high-demand rental property, or develop a multi-unit building, 1436 & 1438 S. Spaulding Ave offers endless possibilities. With PicFair Village rapidly gaining in popularity, this duplex is a smart investment in the neighborhood s bright future.
SR24173983
Duplex
2 Story
1936
Los Angeles
0.2388 Acres
Public Water
2
Public Sewer
Loading...
Listing Agent: Karo Karapetyan - Blackstone Estates, Inc., 310-435-8179
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 10/11/2024 8:46 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.