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$1,995,000
 $10,710 est/mo Sourced by Back At You

904 N Spaulding Avenue,West Hollywood, CA 90046

West Hollywood, CA 90046

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Description

We are pleased to present 904 N Spaulding Avenue, an eight-unit multifamily property located just south of Santa Monica Boulevard in the highly sought-after West Hollywood market. Built in 1957, the property offers approximately 5,132 rentable square feet on a 6,421-square-foot lot and features an attractive unit mix of (1) studio, (6) one-bedroom/one-bathroom units, and (1) two-bedroom/one-and-a-half-bathroom unit. The property is offered at a 5.22% cap rate with over 37% rental upside, providing attractive day-one cash flow with the opportunity to achieve an 8.03% stabilized cap rate based on projected market rents. The property also features six on-site parking spaces located at the rear, which may provide potential for future ADU development and the opportunity to add additional units (Buyer to Verify). Seller financing is available with 50% down, providing buyers with additional flexibility when structuring the acquisition. Seller financing is optional and is not a required condition of the sale. Located in the heart of West Hollywood, the property offers convenient access to major employment centers, dining, shopping, nightlife, and entertainment throughout West Hollywood, Beverly Hills, Hollywood, and the greater Los Angeles area. With strong in-place cash flow, significant rental upside, flexible seller financing, and potential ADU opportunities, 904 N Spaulding Avenue presents a compelling value-add investment opportunity.

Details

MLS #26905443
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site17
Listing Provided ByMarcus & Millichap | Oscar Diaz

Features

Bed(s)8
Bath(s)8
SQ Feet5,132
Story(s)2
Units8
Building(s)1
ZoningWDR3C*
Acreage0.15

Area Information

StateCA
CountyLos Angeles
CityWest Hollywood
Zip Code90046
AreaC10 West Hollywood Vicinity
Listing VS Median (in 90046)
Price:
$1,995,000
low | high
Med:
$2,295,000
34.962406015038% of Average
sqft:
5,132
low | high
Med:
1,996
100% of Average
$ / sqft:
$389
low | high
Med:
$1,150
100% of Average
On site:
17
low | high
Med:
139
12.230215827338% of Average
Sourced by Back At You

Market Activity 90046

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Contact

Learn More About This Property

Paul Leon

Paul Victor Leon

Coldwell Banker Commercial

00915214 (760) 559-6472paul.leon@cbcinland.com
StateCA
CountyLos Angeles
CityWest Hollywood
Zip Code90046
AreaC10 West Hollywood Vicinity
Listing VS Median (in 90046)
Price:
$1,995,000
low | high
Med:
$2,295,000
34.962406015038% of Average
sqft:
5,132
low | high
Med:
1,996
100% of Average
$ / sqft:
$389
low | high
Med:
$1,150
100% of Average
On site:
17
low | high
Med:
139
12.230215827338% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.496M - $2.493M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
7619 Melrose Avenue Property Photo 1
$5,000,000
7619 Melrose Avenue
Los Angeles, CA 90046
Listing Updated: August 28, 2026 at 2:24:44 PM PDT

Paul Leon - Coldwell Banker Commercial Real Estate Solutions