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Duplex at 1567 S Spaulding
$1,695,000
1567 S Spaulding
Los Angeles, Los Angeles, 90019
Duplex · 2 units
Active · 92 days on market

Deal numbers

Est. cap rate
1.6%
Assumed rent, all units
$4,620/mo
Units
2
Price per unit
$847,500
Est. annual NOI
$27,720
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$52,668
Operating expenses
$26,334
Net operating income
$26,334
Annual debt service
$101,492
Annual cash flow
-$75,158
Cash on cash return
-17.7%
Down payment
$423,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Duplex
Bedrooms
3
Building size
3,586 sqft
Lot size
6,885 sqft
Year built
1931
Stories
2
Garage spaces
3
Heating
Central
Cooling
Central Air
Pool
None
Status
Active
Days on market
92
MLS #
244344857

About this property

Discover an exceptional Spanish-style triplex offering timeless architectural charm and outstanding pride of ownership. Featuring three units across two separate buildings, this is a rare opportunity for investors or owner-occupants seeking flexibility, character, and income potential. Every inch of this beautifully maintained property showcases the elegance of its original design while offering the comforts of modern living. The two spacious front residences feature gracious floor plans, generous proportions, and abundant natural light. The main building has been refreshed with newly installed floors and fresh paint, and both front units will be delivered vacant—creating an incredible opportunity for immediate occupancy or premium rental income. Classic Spanish details include decorative fireplaces (decorative), graceful archways, breakfast nooks, built-in cabinetry, and charming original wall sconces, all thoughtfully preserved to maintain the home's authentic character. Above the detached three-car garage sits a spacious and inviting one-bedroom residence, which is occupied by a solid long term renter. The private backyard provides a peaceful common area perfect for outdoor dining, entertaining, or relaxing beneath a mature avocado tree. Whether you're looking for owner occupancy, multi-generational living, co-ownership, or a high-quality investment, this property offers exceptional versatility in a highly desirable neighborhood. A truly rare opportunity to own a soulful, timeless property that captures the architectural richness and enduring spirit of classic Los Angeles while providing the flexibility and conveniences today's buyers seek.

Location

1567 S Spaulding

Los Angeles, Los Angeles, CA, 90019

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1567 S Spaulding, Los Angeles CA | Multifamily for Sale