351 N Spaulding Ave, Los Angeles, California 90036, Los Angeles, 90036 - bed, bath
ACTIVE$2,599,000
351 N Spaulding Ave, Los Angeles, California 90036
0Bed
0Bath
4,834Sqft
6,421Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime A+ Location: Positioned in the heart of Beverly Grove, the property offers unparalleled access to world-class shopping, acclaimed restaurants, chic cafés, cultural hotspots, and major employment centers, ensuring high tenant demand and strong appreciation potential.
Top Cons:
Age of Original Structure: Despite extensive renovations, the property was built in 1927, meaning the original foundation and core structural elements are nearly a century old, which could lead to unforeseen maintenance issues over time.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1927 (98 years old).
Condition: Despite being built in 1927, the property has undergone extensive and recent renovations, including upgrades to plumbing, electrical, and interiors, as stated in the description. Three of the four units are described as 'fully renovated' with modern designer finishes, quartz countertops, stainless steel appliances, custom lighting, and dual-pane windows, which is clearly visible in several images showcasing contemporary kitchens with white shaker cabinets, quartz counters, and modern bathrooms with subway tile and new vanities. While one unit appears to have retained some original features like hardwood floors and a more basic kitchen setup (though still clean and functional with new appliances), the overall investment in modernization and the high quality of the majority of the units, along with critical infrastructure updates, qualifies the property as excellent and turnkey.
Year Built
1927
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
$538
HOA
-
Days on market
-
Sold On
-
MLS number
RS25241371
Home ConditionExcellent
Features
ViewNeighborhood
About this home
Perfectly positioned in the heart of Beverly Grove, this beautifully upgraded fourplex offers the best of Los Angeles living—just steps from world-class shopping, acclaimed restaurants, chic cafés, and everyday conveniences. The property features an ideal unit mix: three fully renovated 2-bedroom, 2-bath residences and one spacious 2-bedroom, 1-bath unit. Each home showcases modern designer finishes, including quartz countertops, stainless steel appliances, custom lighting, dual-pane windows, and in-unit washer/dryer. Recent upgrades to plumbing, electrical, and interiors ensure a turnkey experience for both residents and investors alike. Set within one of L.A.’s most desirable and high-demand neighborhoods, the property delivers unmatched access to top dining destinations, cultural hotspots, boutique retailers, and major employment centers. Whether you’re seeking strong in-place income or outstanding long-term appreciation, this offering represents a rare opportunity to own a fully modernized asset in a truly A+ location. Properties of this quality and caliber are seldom available—don’t miss your chance to secure one of Beverly Grove’s premier investments.
Nearby schools
7/10
Hancock Park Elementary School
Public,•K-5•0.6mi
8/10
Third Street Elementary School
Public,•K-5•1.4mi
2/10
Vine Street Elementary School
Public,•K-6•1.9mi
3/10
Laurel Elementary School
Public,•K-8•0.8mi
7/10
John Burroughs Middle School
Public,•6-8•1.5mi
7/10
Fairfax Senior High School
Public,•9-12•0.5mi
Price History
Date
Event
Price
11/25/98
Sold
$507,000
09/11/15
Sold
$1,870,000
Condition Rating
Excellent
Despite being built in 1927, the property has undergone extensive and recent renovations, including upgrades to plumbing, electrical, and interiors, as stated in the description. Three of the four units are described as 'fully renovated' with modern designer finishes, quartz countertops, stainless steel appliances, custom lighting, and dual-pane windows, which is clearly visible in several images showcasing contemporary kitchens with white shaker cabinets, quartz counters, and modern bathrooms with subway tile and new vanities. While one unit appears to have retained some original features like hardwood floors and a more basic kitchen setup (though still clean and functional with new appliances), the overall investment in modernization and the high quality of the majority of the units, along with critical infrastructure updates, qualifies the property as excellent and turnkey.
Pros & Cons
Pros
Prime A+ Location: Positioned in the heart of Beverly Grove, the property offers unparalleled access to world-class shopping, acclaimed restaurants, chic cafés, cultural hotspots, and major employment centers, ensuring high tenant demand and strong appreciation potential.
Fully Renovated & Modernized: The fourplex has undergone extensive upgrades, including modern designer finishes, quartz countertops, stainless steel appliances, custom lighting, dual-pane windows, in-unit washer/dryer, and recent plumbing/electrical updates, providing a turnkey experience.
Ideal Unit Mix: The property features a desirable unit configuration of three 2-bedroom, 2-bath residences and one spacious 2-bedroom, 1-bath unit, catering to a broad tenant base and maximizing rental income potential.
Turnkey Investment Opportunity: With all units fully modernized and recent infrastructure upgrades, this asset is presented as a turnkey investment, appealing to investors seeking strong in-place income and long-term appreciation without immediate capital expenditure.
High Demand Neighborhood: Located in one of L.A.’s most desirable and high-demand neighborhoods, the property benefits from consistent rental demand and a strong market for long-term value growth.
Cons
Age of Original Structure: Despite extensive renovations, the property was built in 1927, meaning the original foundation and core structural elements are nearly a century old, which could lead to unforeseen maintenance issues over time.
Lack of Mentioned Dedicated Parking: The property description does not explicitly mention dedicated parking for the four units, which can be a significant drawback and a critical amenity for tenants in a dense urban area like Los Angeles.
Limited Premium Views: While the property has a 'Neighborhood' view, it does not offer panoramic city, ocean, or mountain views, which can be a significant value-add and often expected in high-end Los Angeles properties.