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
·
License #02054215
·
NorthMarq Realty Services, Inc
·
310-988-8361
Listed by Brent Sprenkle
·
License #01290116
·
NorthMarq Realty Services, Inc
Last updated October 15, 2025
·
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.
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.