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445 N SpauldingLos Angeles, CA 90036

For Sale

$1,825,000

Smart Buyer Rebate $18,250

Prime 4-Plex Investment Opportunity in One of L.A.’s Most Sought-After Locations!
Located in one of Los Angeles’s most desirable neighborhoods, this prime 4-unit property offers an unmatched blend of immediate income, long-term upside, and unbeatable location. Just minutes from Sunset Blvd., Santa Monica Blvd., Century City, and The Grove, this asset places residents at the center of LA!

A potential Owner/User or Investor opportunity, each of the four units features a spacious 3-Bedroom, 1-Bath layout, with over 1,050 square feet of living space. The building is currently operating at a 4.75% cap rate on existing rents, with over 33% in rental upside still available, offering significant value-add potential. There are four garages located on-site plus an additional four surface spaces at the rear of the property, offering an ideal structure for future ADU development. All units are separately metered for gas and electricity.

With a Walk Score of 94, the Spaulding 4-plex is considered a Walker’s Paradise! Tenants enjoy the proximity to luxury restaurants, entertainment venues, high-end retail and more! This is an ideal opportunity for an investor looking for stable returns with upside or an Owner/User looking in one of LA’s most coveted neighborhoods!

Listed by Parker Boehle

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License #02054215

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NorthMarq Realty Services, Inc

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310-988-8361

Listed by Brent Sprenkle

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License #01290116

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NorthMarq Realty Services, Inc

Last updated October 15, 2025

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Source: CRMLS #OC25239240

Listing Facts

  • TypeMulti-family
  • NeighborhoodFairfax District
  • Days on Prevu8

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/14/2025
Listed by NorthMarq Realty Services, Inc
$1,825,000

Property Details for 445 N Spaulding

Association

Amenities

  • Community Features: Biking, Curbs, Golf, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 2
  • Year Built: 1947
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 4,379
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,425
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,425
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.77
  • Gross Income: $128,250.00
  • Operating Expense: $37,367.00

Taxes

  • Parcel Number: 5527027040

Other

Location

  • Tax Lot: 410

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.