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Backup Offers

1436 S Spaulding Ave, Los Angeles, CA, 90019

$1,695,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1436 S Spaulding Ave, Los Angeles$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage3 spaces
Year Built1936
MLS #SR24173983
Lot Size0.24 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1436 S Spaulding Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 2

Listing Office:

  • Office Name: Blackstone Estates, Inc.
  • Office Phone: (310) 435-8179
  • Listing Agent: Karo Karapetyan

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.24 Acres

Other

Directions Information:

  • Directions: From DTLA I-10 W Exit at Fairfax Ave, head N on Fairfax. Turn left onto Venice Blvd, then turn right onto Spaulding Ave. Continue straight until you reach 1436 S. Spaulding Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000

Tax Information:

  • Annual Amount: $9,301
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1436 S Spaulding Ave vs Los Angeles

69 DAYS ON ROCKET

+31 Days

$1,695,000

+$671.5K More

KEY TAKEAWAY

This property is $671.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24173983

Listing Office:

  • Office Name: Blackstone Estates, Inc.
  • Office Phone: (310) 435-8179
  • Listing Agent: Karo Karapetyan

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. 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.

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. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,301$754,252
2020$9,028$746,520
2019$9,799$731,884
2018$9,591$789,713
2017$9,591$774,229

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-390990
5
/10

  • Saturn Street Elementary

  • 5360 Saturn St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-390991
5
/10

  • Crescent Heights Blvd School

  • 1661 S Crescent Heights Blvd

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-390992
5
/10

  • Carthay School

  • 6351 W Olympic Blvd

  • 0.78 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,452. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90019›1436 S Spaulding Ave

This home is located at 1436 S Spaulding Ave in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This home, which was built in 1936, sits on a 0.24 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,695,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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