Duplex with Two Separate
For Sale
$1,519,000
900 N Spaulding Ave, West Hollywood, CA 90046
Both residences are scheduled to be delivered vacant at closing.
Property Size2,519 SF
Price / SF$603.02
Days on Market260
Property Features for 900 N Spaulding Ave
General Information
Standard status
Active
Size
2,519 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Road Access
Yes
Building Details
Building Size
2,519 SF
Year Built
1930
Buildings
2
Listing Agency:
LA Luxuries
Listed By:
Jordan Pollack · License #02010832
(323) 238-5225
Source:
Laluxuries
Added: Feb 9
Changed: Oct 26
Last Checked: Oct 26 at 3:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LA Luxuries
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The duplex consists of two detached residences on a single lot. Each home has three bedrooms and two bathrooms, and both are to be delivered vacant at closing. The property was built in 1930.
The address is on N Spaulding Ave in West Hollywood, near Santa Monica Boulevard and Melrose Avenue. The Sunset Strip, retail, dining, and everyday services are also identified in the surrounding area.
The address is on N Spaulding Ave in West Hollywood, near Santa Monica Boulevard and Melrose Avenue. The Sunset Strip, retail, dining, and everyday services are also identified in the surrounding area.
Key Highlights
- Two separate houses occupy one lot
- Each residence has 3 bedrooms and 2 bathrooms
- Both residences to be delivered vacant at closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,991
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,820
$879.8K
Cap Rate 7%
$628,443
$628.4K
Cap Rate 9%
$488,789
$488.8K
Market Conditions
NOI Build-Up for 2,519 SF
Gross rent
$68.0K $27.00/SF
− Vacancy
−$5.2K −$2.05/SF
EGI
$62.8K $24.95/SF
− OpEx
−$18.9K −$7.48/SF
NOI
$44.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,820
Cap Rate 7%
$628,443
Cap Rate 9%
$488,789
Alternative Uses
Best Use
Multifamily LT 5
$628.4K
$549.9K – $733.2K
NOI $43,991 @ 7.0% cap · market cap 2.90%
Second Best
Apartment 5plus
$579.0K
$506.7K – $675.6K
NOI $40,533 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,406 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are scheduled to be delivered vacant at closing.
Where is this duplex located?
The property is located at 900 N Spaulding Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,519,000.
What are key features of this property?
This property features: Two separate houses occupy one lot; Each residence has 3 bedrooms and 2 bathrooms; Both residences to be delivered vacant at closing
