637 N Spaulding Ave, Los Angeles, CA 90036
Sale Price: $2,700,000
Feb 4, 20259,654 sqft12 beds12 baths
Listed by: Eric Sackler
License #: 01057377
Phone #: 310-979-4990
Coldwell Banker Realty
Source:
MLS #: 25494111
Property Description
Current CAP over 5%* with huge upside with proforma CAP over 7%. 3 Units are kept vacant and will be delivered vacant. Charming Melrose Village 12-unit ideally situated in the city of LA, adjacent to and benefiting from all that West Hollywood has to offer. Located 1/2 block from Melrose Avenue and 5 blocks from The Grove & Pan Pacific Park, 637 North Spaulding represents an opportunity to acquire a generational asset in a great area with great upside potential and located next to trendy restaurants, schools, houses of worship, parks and shopping. *3 vacant units are projected at market rents post renovations.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$34,410
TurboHome Estimated Value
$2,759,500
$286 sqft
High Valuation
$2,897,475
$300/sqft
Normal Valuation
$2,759,500
$286/sqft
Low Valuation
$2,621,525
$272/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $286/sqft | $2,759,500 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Mid City West
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Comparative Value
$2.64M
$2.70M
$3.23M
758 N Hudson Ave, Los Angeles, CA 90038
Sale Price: $2,640,000
Selected Comparable
637 N Spaulding Ave, Los Angeles, CA 90036
Sale Price: $2,700,000
Selected Comparable
637 N Spaulding Ave, Los Angeles, CA 90036
List Price: $3,225,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT637 N Spaulding Ave, Los Angeles, CA 90036
List: $3,225,000
Listed: 2/4/2025
Area:9,654 sqft
Price/sqft:$334
Beds:12
Baths:12
Year Built:—
Lot Size:6,417
Comparable Properties
COMPARABLEChoose comps
637 N Spaulding Ave, Los Angeles, CA 90036
Sale: $2,700,000
5/15/2025 • 0.00 mi
Area:9,654 sqft
Price/sqft:$280
Beds:12
Baths:12
Year Built:—
Weight:53.8%
758 N Hudson Ave, Los Angeles, CA 90038
Sale: $2,640,000
6/6/2025 • 1.49 mi
Area:9,116 sqft
Price/sqft:$290
Beds:12
Baths:12
Year Built:—
Weight:46.2%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 637 N Spaulding Ave, Los Angeles, CA 90036 | $3,225,000 | 9,654 | $334 | 6,417 | — | 2/4/2025 | 12 | 12 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 637 N Spaulding Ave, Los Angeles, CA 90036 | $2,700,000 | 9,654 | $280 | 6,417 | 0.00 mi | 5/15/2025 | 12 | 12 | — | 53.8% | |
| 758 N Hudson Ave, Los Angeles, CA 90038 | $2,640,000 | 9,116 | $290 | 7,496 | 1.49 mi | 6/6/2025 | 12 | 12 | — | 46.2% |
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TurboHome Est. Value:
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List Price: $2,950,000
648 N Hayworth Ave, Los Angeles, CA 90048
12 bd 13 ba 7,392 sqft
TurboHome Est. Value:
$2,809,600
List Price: $3,100,000
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TurboHome Est. Value:
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