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Sold for $1,700,000
  • Listed by: NorthMarq Realty Services, Inc • Parker Boehle • Contact: 949-717-5200
    Bought with: NorthMarq Realty Services, Inc
    $1,700,000

    445 N Spaulding Ave, Los Angeles, CA 90036

    12beds
    4baths
    4,379sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $1,792,600 Zestimate®
    $388/sqft
    $3,833 Estimated rent

    Home value

    $1,792,600

    $1.49M - $2.12M

    $3,833/mo

    Zestimate® history
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    What's special

    Prime 4-Plex Investment Opportunity in One of L.A.’s Most Sought-After Locations! Located in one of Los Angeles’s most desirable neighborhoods, this prime 4-unit property offers an unmatched blend of immediate income, long-term upside, and unbeatable location. Just minutes from Sunset Blvd., Santa Monica Blvd., Century City, and The Grove, this asset places residents at the center of LA! A potential Owner/User or Investor opportunity, each of the four units features a spacious 3-Bedroom, 1-Bath layout, with over 1,050 square feet of living space. The building is currently operating at a 4.94% cap rate on existing rents, with over 33% in rental upside still available, offering significant value-add potential. There are four garages located on-site plus an additional four surface spaces at the rear of the property, offering an ideal structure for future ADU development. All units are separately metered for gas and electricity. With a Walk Score of 94, the Spaulding 4-plex is considered a Walker’s Paradise! Tenants enjoy the proximity to luxury restaurants, entertainment venues, high-end retail and more! This is an ideal opportunity for an investor looking for stable returns with upside or an Owner/User looking in one of LA’s most coveted neighborhoods!

    Zillow last checked:

    Listing updated:

    Listed by:

    Parker Boehle DRE #02054215 310-988-8361,

    NorthMarq Realty Services, Inc,

    Brent Sprenkle DRE #01290116,

    NorthMarq Realty Services, Inc

    Bought with:

    Parker Boehle, DRE #02054215

    NorthMarq Realty Services, Inc

    Source: CRMLS,MLS#: OC25239240MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,379
    • Total interior livable area: 4,379 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 6,425 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5527027040
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Golf, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $1,333,666
    • Annual tax amount: $16,545
    • Date on market: 10/14/2025
    • Cumulative days on market: 29 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    12/8/2025Sold$1,700,000-4.2%$388/sqft
    Source: CRMLS #OC25239240 Report a problem
    12/3/2025Pending sale$1,775,000$405/sqft
    Source: CRMLS #OC25239240 Report a problem
    11/12/2025Contingent$1,775,000$405/sqft
    Source: CRMLS #OC25239240 Report a problem
    10/28/2025Price change$1,775,000-2.7%$405/sqft
    Source: CRMLS #OC25239240 Report a problem
    10/14/2025Listed for sale$1,825,000-8.5%$417/sqft
    Source: CRMLS #OC25239240 Report a problem
    8/1/2024Listing removed--
    Source: CLAW #24-389731 Report a problem
    6/14/2024Price change$1,995,000-5%$456/sqft
    Source: CLAW #24-389731 Report a problem
    5/8/2024Listed for sale$2,100,000$480/sqft
    Source: CLAW #24-389731 Report a problem
    6/8/2019Listing removed$2,800$1/sqft
    Source: Yale Management Services, Inc Report a problem
    5/4/2019Listed for rent$2,800$1/sqft
    Source: Yale Management Services, Inc Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,545 +1.3%$1,333,666 +2%
    2024$16,328 +1.9%$1,307,517 +2%
    2023$16,020 +4.8%$1,281,880 +2%
    2022$15,289 +1.4%$1,256,746 +2%
    2021$15,085 -1%$1,232,105 +1%
    2020$15,235 $1,219,472 +2%
    2019$15,235 +5.1%$1,195,562 +2%
    2018$14,494 $1,172,120 +2%
    2017$14,494 +2.2%$1,149,138 +2%
    2016$14,185 +2.5%$1,126,607 +1.5%
    2015$13,837 +1%$1,109,685 +2%
    2014$13,700 $1,087,948 +2.5%
    2012-- $1,061,797 +2%
    2011-- $1,040,978 +0.8%
    2010-- $1,033,199 -0.2%
    2009-- $1,035,654 +2%
    2008-- $1,015,348 +2%
    2007-- $995,440 +246.6%
    2006-- $287,180
    2005-- $287,180 +4%
    2004-- $276,030 +1.9%
    2003-- $270,972 +0.1%
    2002-- $270,582 +4%
    2000-- $260,076
    Find assessor info on the county website

    Neighborhood: Mid City West

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,792,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,792,600