1117 S Spaulding, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1117 S Spaulding,Los Angeles, CA 90019
$2,300,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26130250
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,300,000
About this home
1117 S Spaulding Ave presents the opportunity to acquire a 12-unit apartment building in the heart of Mid-Wilshire, just minutes from Fairfax, Miracle Mile, Beverly Grove, Pico-Robertson, and Museum Row. The property sits on an 8,559 SF LAR3-zoned lot and features 9,132 SF of improvements with a strong unit mix of (1) 3+1 unit and (11) 1+1 units. The location is one of the strongest parts of the story. Tenants are minutes from The Grove, Farmers Market, LACMA, the Academy Museum, Beverly Center, Cedars-Sinai, and the Wilshire/Fairfax Metro D Line station. Metros D Line extension now connects Miracle Mile to Koreatown and Downtown LA, while LACMAs new David Geffen Galleries recently opened nearby, adding another major demand driver to the area. At $2,300,000, the asset is priced at $192K per unit and approximately $252 per SF, below the nearby sales-comp averages shown in the OM. With a central Mid-Wilshire location, meaningful income upside, and an attractive basis in a high-barrier-to-entry rental market, 1117 S Spaulding Ave offers investors a clear value-add opportunity in one of Los Angeles most desirable infill submarkets....
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Home facts
- Listing ID #:SB26130250
- Added:94 day(s) ago
- Updated:September 25, 2026 at 02:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$2,300,000
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