2533 S Spaulding Avenue
Los Angeles, CA, 90016
$3,500,000
MLS: 26103804
Beds
18
Baths
18
Sq Ft
7,453
Lot
0.14 ac
Year Built
2024
MLS #
26103804
Days on Market
2
Listed
Oct 22, 2026
Description
Four unit new construction income property in an amazing Culver City adjacent location just minutes from Downtown Culver City and the Cumulus District. 7,453 square feet of modern and luxurious living space with total of 18 bedrooms, 18 bathrooms, 10 parking spaces in a gated lot, plus multiple balconies and private backyard. Non rent-control property. Conveniently located near major transportation hubs but also nestled within a surprisingly quiet residential neighborhood. All 4 units are currently leased by a single long term tenant with gross monthly rent of $21,700 ($260,400 per year) yielding a Cap Rate over 6% from day 1!
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Kia Hamadani · Hamadani Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$26,897
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $350,000 · Loan: $3,150,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $21,638
- Property tax (1.25%)
- $3,646
- Homeowners insurance
- $300
- Mortgage insurance
- $1,313
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $122,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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