600 N SPAULDING Ave, Los Angeles, CA 90036

Property Description

First time on the market in over 40 years. This 4-unit investment opportunity located just one block South of Melrose Avenue in the Beverly Grove / Miracle Mile (90036) submarket. The property offers investors a unique and rare opportunity to acquire a very manageable investment or owner-user opportunity in one of LA's strongest and stable rental markets with historically low vacancy and long-term appreciation.The unit composition consists of Four (4) very large Two Bedroom - One Bathroom apartment homes which average nearly 1,200 SF each. Three (3) of Four (4) units have undergone a major gut-level renovation and have been reimagined through a variety of comprehensive upgrades that include in-unit washer and dryer, central air conditioning(2 units) and enhanced living spaces with expanded doorways. There is on-site parking for 7 Vehicles. **Please contact listing Agents for Full Marketing Package**