NOT LISTED FOR SALE

351 N Spaulding Ave Unit 1/2 Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,092,000 - $2,867,000

2 Beds
1 Bath
1,300 Sq Ft
$1,973/Sq Ft Est. Value

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Family Room
  • Neighborhood Views
  • Laundry Room

About This Home

As of January 2020

Very Spacuious 2nd floor cute Apartment in a Quadruplex. Very quiet neighborhood with friendly clean streets and in a fabulous location – just 1 block cross streets from “The Grove”. The property space is just steps from numerous upscale and trendy restaurants and markets including Wholefoods Market, Erehwon Market the famous 'Grove', the original Farmer's Market, Fairfax, CBS Studios. Cedar Sinai Medical, the Beverly Center.
Charm and character of 1927 built with wood floor and tile floor throughout the unit, brand new bathroom tub and shower.
New attached AC units, Brand new kitchen appliances, and in-unit washer /dryer.
Assigned parking for one car behind the building with additional permit parking available on the street.
Terrific central location close to downtown and West Hollywood. Hurry, and do not miss out on this incredible lease opportunity with great location!

Last Agent to Rent the Property

Susan Lee

Coldwell Banker Best Realty License #01962018 Listed on: 12/03/2019

Coldwell Banker Best Realty

Last Renter's Agent

Susan Lee

Coldwell Banker Best Realty License #01962018 Listed on: 12/03/2019

Coldwell Banker Best Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,717

Year Built

  • Built in 1927

Lot Details

  • 6,418 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 1,300 Sq Ft Home
  • Family Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 12/9/19
  • Tax Lot 422
  • Tax Tract Number 6568

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Limit on the number of pets
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,717

Year Built

Built in 1927

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2019-12-09
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Pets: 500
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Ad Number: 714-749-4811
  • Other Phone Description: 714-749-4811
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1300.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.08
  • Room Type: Family Room, Kitchen, Laundry

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6418.00
  • Lot Size Acres: 0.1473

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6418.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Water

Tax Info

  • Tax Lot: 422
  • Tax Tract Number: 6568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2015
Sold by
Hoa Patrice Adrien Hui Bon
Bought by
Park James K
Current Estimated Value
$2,565,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$968,269
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,597,232

Purchase Details

Closed on
Jul 12, 2005
Sold by
Hoa Patrice Adrien Hui Bon
Bought by
Hoa Patrice Adrien Hui Bon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Silva Anthony Jacob
Bought by
Hui Bon Hoa Patrice Adrien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1998
Sold by
And Teruko Oshige Trust Oshige Noboru And Ter
Bought by
Hoa Patrice Adrien Hui Bon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Park James K $1,870,000 Fatcola
Hoa Patrice Adrien Hui Bon -- Chicago Title
Hui Bon Hoa Patrice Adrien -- Chicago Title
Hoa Patrice Adrien Hui Bon $507,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park James K $1,280,000
Previous Owner Hoa Patrice Adrien Hui Bon $910,000
Previous Owner Hui Bon Hoa Patrice Adrien $636,000
Previous Owner Hoa Patrice Adrien Hui Bon $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Rented $2,700 0.0% --
01/04/2020 01/04/20 Under Contract -- -- --
12/09/2019 12/09/19 Price Changed $2,700 -6.9% $2 / Sq Ft
12/03/2019 12/03/19 For Rent $2,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,717 $2,213,693 $1,236,827 $976,866
2024 $26,717 $2,170,288 $1,212,576 $957,712
2023 $26,204 $2,127,734 $1,188,800 $938,934
2022 $24,993 $2,086,015 $1,165,491 $920,524
2021 $24,674 $2,045,114 $1,142,639 $902,475
2019 $23,938 $1,984,457 $1,108,749 $875,708
2018 $23,771 $1,945,547 $1,087,009 $858,538
2016 $22,717 $1,870,000 $1,044,800 $825,200
2015 $12,164 $984,474 $541,344 $443,130
2014 $12,224 $965,190 $530,740 $434,450
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2020

    Susan Lee

    Coldwell Banker Best Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19275243

California Regional Multiple Listing Service (CRMLS)

APN: 5527-040-011

California Los Angeles County Los Angeles 90036 Melrose

351 N Spaulding Ave Unit 1/2, Los Angeles, CA

This home is located at 351 N Spaulding Ave Unit 1/2, Los Angeles, CA 90036 since 03 December 2019 and is currently priced at $2,565,501. This property was built in 1927. 351 N Spaulding Ave Unit 1/2 is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Cheder Of Los Angeles.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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