351 N Spaulding Ave, Los Angeles, California 90036, Los Angeles, 90036 - bed, bath

351 N Spaulding Ave
Los Angeles, California 90036
Property Price
SUMMARY
Analysis of 351 N Spaulding Ave, Los Angeles, California 90036 is currently available with a list price of $2,599,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, with three of the four units featuring modern designer finishes, quartz countertops, stainless steel appliances, and updated flooring. Significant system upgrades to plumbing and electrical, along with the inclusion of in-unit laundry and dual-pane windows, meet the criteria for a high-quality, turnkey asset.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Beverly Grove Location
Situated in a highly walkable, A+ neighborhood steps from world-class shopping and dining, ensuring consistent tenant demand and long-term asset appreciation.
- Turnkey Condition
Extensive renovations including quartz countertops, stainless steel appliances, and updated plumbing/electrical systems provide a move-in ready experience with minimal immediate CapEx.
- Optimal Unit Mix
The property features three 2-bedroom, 2-bathroom units and one 2-bedroom, 1-bathroom unit, a highly desirable configuration for high-earning professional tenants.
CONSRISKS & DEFICIENCIES
- Vintage Structural Limitations
Built in 1927, the property may still possess inherent challenges related to its original footprint or aging structural elements despite modern interior upgrades.
- Inconsistent School Ratings
While some nearby schools are highly rated, others in the immediate vicinity have lower scores (rating 2-3), which may deter some family-oriented long-term tenants.
- Premium Entry Price
The high list price reflects the premier location, which may result in a lower initial capitalization rate for investors compared to emerging submarkets.
About 351 N Spaulding Ave
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1927
- Lot Size
- 6,421 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hancock Park Elementary School
Grades K-5 • 0.6 mi
Third Street Elementary School
Grades K-5 • 1.4 mi
Vine Street Elementary School
Grades K-6 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,834 | 5,438.5 | 50% |
| Lot Size | 6,421 | 7,598.5 | 50% |
| Price | $2.60M | $2.40M | 50% |
| Price per sq ft | $538 | $451 | 50% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 141 | 50% |
Pricing History
Listed for Sale
Oct 19, 2025
$2,599,000
Initial Listing
Sold
Sep 11, 2015
$1,870,000
Public Record
Sold
Nov 25, 1998
$507,000
Public Record






























